Thu, April 17, 2025

Strategies for Navigating Market Swings and Leveraging Home Equity Wisely

Learn how to stay calm during market volatility and whether a HELOC or cash-out refi makes sense for your home reno goals. What should you do with your investments when the stock market is particularly volatile? What’s the difference between a HELOC and a cash-out refinance? Hosts Sean Pyles and Elizabeth Ayoola discuss coping with market volatility as well as borrowing against home equity to help you understand how to navigate uncertainty and also make smart decisions about home renovations. First, NerdWallet senior news writer Anna Helhoski and investing writer Sam Taube offer different strategies for approaching recent market volatility, including tips for ignoring short-term investment noise, building financial resilience, and understanding how tariffs affect the economy. Then, NerdWallet mortgage writer Kate Wood joins Sean and Elizabeth to discuss how to borrow against your home’s value. They discuss the pros and cons of home equity lines of credit (HELOCs) and cash-out refinances, how to evaluate which option may suit your renovation goals, and strategies to avoid financial regret down the road. NerdWallet’s free HELOC calculator can help you figure out whether you could be eligible for a home equity line of credit—and how much you might be able to borrow: https://www.nerdwallet.com/article/mortgages/heloc-calculator   In their conversation, the Nerds discuss: stock market volatility, what to do when the stock market drops, HELOC vs cash-out refinance, home equity loan pros and cons, how to fund home renovations, building financial resilience, emergency fund tips, tariffs and the stock market, inflation and investments, Fed interest rate policy, bear market meaning, market downturn tips, investing during volatility, how tariffs affect the economy, bond ladder strategy, best time for HELOC, home equity loan risks, saving for home renovation, California home prices, budgeting for renovations, mortgage and equity options, financial impact of home improvements, refinance or HELOC for renovations, Vanguard FTSE All-World Ex-US ETF, iShares Core U.S. Aggregate Bond ETF, international stocks vs US stocks, when to use a cash-out refinance, credit card debt vs investing, student loans and home equity, home improvement timeline planning, setting renovation budgets, housing equity strategies, planning for college savings, market correction vs crash, coping with investment stress, and financial planning in uncertain times. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, April 14, 2025

How To Have a Better Relationship With Money and Maximize Every Dollar

Learn how to explore your money beliefs and take real steps toward saving and investing, even on a tight income. What’s really behind your money habits? How can you build savings and invest if you’re not earning much? Hosts Sean Pyles and Elizabeth Ayoola discuss how your relationship with money shapes your financial behaviors and what you can do to change that narrative. Joined by Shannah Game, host of Everyone’s Talkin’ Money and author of Unraveling Your Relationship with Money , they begin with a discussion of how money beliefs form in childhood, how your body gives clues about financial stress, and how weekly “money dates” can help shift your mindset, spending, and long-term financial outcomes. Then, Katie, a listener navigating a career change and major life transition, joins Sean and Elizabeth to discuss budgeting on a lower income and how to make progress on both emergency savings and retirement. They discuss how to build an emergency fund with irregular income, when and how to roll over 403(b) accounts into an IRA, and how to invest small amounts without feeling discouraged. The conversation also covers tools like the 50/30/20 budget and NerdWallet’s retirement calculator to help Katie — and listeners like her — build a path forward, even if they feel like they're starting late. Are you on track to save enough for retirement? Use NerdWallet’s free retirement calculator to check your progress, see how much retirement income you'll have and estimate how much more you should save: https://www.nerdwallet.com/calculator/retirement-calculator   NerdWallet’s roundup of the best IRA accounts: https://www.nerdwallet.com/best/investing/ira-accounts   In their conversation, the Nerds discuss: how to fix your relationship with money, money beliefs, financial trauma, budgeting on low income, how to start saving money, emotional spending, how to invest with little money, financial self-awareness, weekly money date, how much to save for emergencies, what is a 403b, 403b rollover to IRA, Roth IRA vs traditional IRA, how to track spending, how to set money goals, compound interest explained, how to save for retirement in your 30s, moving in with a partner finances, financial independence, personal finance for late starters, how to handle a career pivot financially, how to build an emergency fund, aligning spending with goals, how to start investing in your 30s, best IRAs for beginners, saving vs investing priorities, high-yield savings account, budgeting tools for beginners, financial planning on hourly wages, financial literacy basics, how to track expenses, how to make money habits stick, celebrating financial wins, how childhood affects money habits, somatic responses to money, financial therapy, how to stop money anxi

Thu, April 10, 2025

Car Prices, Tariffs, and Trade-Offs: What to Know Before You Buy or Move Out

Learn how tariffs could impact car prices and how to know when it’s OK to spend instead of save. Should you buy a car now before prices rise due to tariffs? When is it okay to stop saving aggressively and spend more? Hosts Sean Pyles and Elizabeth Ayoola discuss recent auto tariffs and navigating major money moves to help you understand how external events and internal goals shape your financial plan. Joined by NerdWallet news writer Anna Helhoski and auto writer Shannon Bradley, they begin with a discussion of auto tariffs, with tips and tricks on when to buy a car, how much prices might rise, and when, if ever, they might come down. Then, personal finance writer Amanda Barroso joins Sean and Elizabeth to help answer a listener’s question about shifting from a strict savings mindset to one that allows for spending with purpose. They discuss how to create a flexible budget, build credit before moving out, and define life goals that money can help achieve. NerdWallet’s free investment calculator will calculate how much your investments will grow based on your planned contributions, timeline, rate of return and compounding frequency: https://www.nerdwallet.com/calculator/investment-calculator   In their conversation, the Nerds discuss: auto tariffs 2025, car price increases, how tariffs affect car prices, used car prices 2025, new car tariffs, imported car taxes, car dealership pricing, buying a car before tariffs, Trump car tariffs, steel and aluminum tariffs, cost of imported vehicles, auto financing tips, how to build credit, authorized user credit, rent reporting services, when to stop saving money, how to enjoy money responsibly, 50/30/20 budget rule, financial goals in your 20s, when to move out of your parents’ house, financial independence early, investing vs life experiences, saving vs spending, credit score for renters, best time to buy a car, federal EV tax credit, retirement savings benchmarks, budgeting for rent, planning life around money, living intentionally with money, tracking net worth, and emotional spending habits. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, April 07, 2025

Last-Minute Tax Questions Answered and Tips for Keeping Your Financial Documents Safe

Learn how to store all your important documents and get some last-minute tips for filing your taxes.  Where should you store your important financial documents? How long should you keep them? What should you do if you’re facing a tricky tax situation? Hosts Sean Pyles and Elizabeth Ayoola discuss some tips and best practices for storing documents like tax returns, bank statements, credit card bills and more, including how and when to dispose of them safely.  Then, NerdWallet tax writer Bella Avila joins Sean and Elizabeth to answer listener questions about filing taxes. They explain what you can do if you’re facing an unexpected tax bill, what you need to know if you’re working and paying taxes in multiple states, and provide guidance for those who may be behind on their taxes, including some steps to take financially and emotionally to get back on track.  NerdWallet’s list of best tax software: https://www.nerdwallet.com/p/best/taxes/tax-software   NerdWallet’s list of best identity protection services: https://www.nerdwallet.com/article/finance/comparing-identity-theft-protection-services   NerdWallet’s federal income tax calculator: https://www.nerdwallet.com/calculator/tax-calculator   In their conversation, the Nerds discuss: how to organize financial documents, storing important documents safely, financial document storage tips, fireproof safe for documents, digital vs paper document storage, what documents to keep and for how long, how long to keep tax returns, where to store estate planning documents, best way to organize personal documents, how to file taxes, tax season 2025, tax filing deadline April 15, IRS payment plan, what to do if you owe taxes, surprise tax bill help, how to adjust tax withholding, IRS withholding estimator, tax penalty relief, first time penalty abatement, estimated tax payments, filing taxes in multiple states, state tax withholding rules, non-resident state tax return, tax filing for remote workers, state reciprocity agreements, taxes for 1099 income, how to file taxes as a freelancer, self-employed tax filing tips, tax tips for gig workers, how to track 1099 income, what happens if you don’t file taxes, how to file back taxes, emotional stress about taxes, tax anxiety help, procrastinating on taxes, getting help with past-due taxes, financial shame and how to overcome it, free tax filing options, IRS free tax help, best tax software 2025, tax counseling for the elderly, volunteer income tax assistance. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwal

Thu, April 03, 2025

401(k) vs. Brokerage Account: Which Is Better for Retirement Savings? Plus, the National Debt Explained

Learn about the U.S. national debt and how it impacts economics and what options to explore if your employer-offered 401k plan seems limiting.  What exactly does it mean when you read about the enormous national debt in the United States? What options do you have if you’re not happy with the 401k plan offered by your employer? Hosts Sean Pyles and Elizabeth Ayoola dig into investing options with NerdWallet personal finance lead writer June Sham. But first, NerdWallet senior news writer Anna Helhoski joins the show to break down what exactly is the national debt, who does the U.S. owe, and why it matters to everyday Americans.  Next, Sean, Elizabeth and June answer a listener’s question about whether it’s worth it to invest in their employee-offered 401k plan even if it feels limiting. The Nerds explain the pros and cons of a 401k as well as alternative options to explore, including a brokerage account or an IRA, and why you don’t have to limit yourself to just one type of account.  NerdWallet’s list of best IRA accounts: https://www.nerdwallet.com/best/investing/ira-accounts Choose the best retirement plan: https://www.nerdwallet.com/article/investing/best-retirement-plans-for-you   In their conversation, the Nerds discuss: national debt, what is the national debt, how much is the US in debt, US debt ceiling explained, difference between debt and deficit, publicly held debt, intragovernmental debt, who owns the US debt, debt to GDP ratio, US debt crisis, what happens if the US defaults, national debt impact on economy, foreign holders of US debt, Congressional Budget Office debt projections, US budget deficit, treasury securities explained, debt ceiling vs national debt, federal spending and tax revenue, 401k vs brokerage account, should I invest in a 401k without a match, 401k managed by insurance company, 401k fees and disclosure rules, retirement investment options, Roth IRA vs 401k, traditional 401k benefits, taxable brokerage account vs 401k, 401k contribution limits 2025, early 401k withdrawal penalties, required minimum distributions 401k, investment fees and expense ratios, choosing a Roth IRA provider, best retirement account for long-term growth, retirement planning tips, comparing retirement accounts, 401k rollover options, best Roth IRA accounts 2025. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, March 31, 2025

How to Build Wealth Right Now and How Couples Can Align on Financial Goals

Learn the truth behind myths about building wealth, plus hear from a couple looking to align on  financial goals and values. Can you build wealth without starting a business? How can couples figure out what to do with extra money in their budget? Hosts Sean Pyles and Elizabeth Ayoola share their “money hot takes” and then talk to a married couple about how they can better align on financial priorities. Sean and Elizabeth kick off the episode with their thoughts on how to become a millionaire without needing to own your own business, and why they believe consistent investing from a 9-to-5 job can help you grow your wealth. Plus are Roth IRAs overrated? They might be when compared to Roth 401(k)s. Then, listeners Naomi and Andrew join Sean and Elizabeth to discuss how couples can align on their financial goals. They talk through how to define shared values, balance short- and long-term priorities, and decide how to use some new room in their budget wisely, including strategies for emergency funds, retirement, and kids’ future savings. NerdWallet's list of the best savings accounts: https://www.nerdwallet.com/best/banking/savings-accounts   Get matched with a financial advisor by using NerdWallet Advisors Match: https://www.nerdwallet.com/best/investing/financial-advisors   NerdWallet’s investment calculator will calculate how much your investments will grow based on your planned contributions, timeline, rate of return and compounding frequency: https://www.nerdwallet.com/calculator/investment-calculator   Are you on track to save enough for retirement? Use NerdWallet’s calculator to check your progress, see how much retirement income you'll have and estimate how much more you should save: https://www.nerdwallet.com/calculator/retirement-calculator   In their conversation, the Nerds discuss: how to build wealth without a business, investing from a 9 to 5 job, becoming a millionaire from salary, Roth IRA vs Roth 401k, Roth IRA contribution limits, backdoor Roth IRA, Roth 401k benefits, emergency fund recommendations, short term financial goals, good debt vs bad debt, paying off debt as a couple, managing money in a marriage, budgeting as a couple, aligning financial goals with a partner, daycare budget reallocation, how to prioritize financial goals, saving for a home addition, using home equity loan, 529 plan alternatives, taxable brokerage for kids, feeling behind on retirement, retirement planning anxiety, compound interest retirement, how to save for multiple goals, financial planning for couples, building credit as a couple, margin

Thu, March 27, 2025

How to Get Ready for a Recession and Choose Enough Car Insurance

Learn how to prepare for a possible recession and make sure your car insurance coverage is enough to protect your finances. What should you do to get ready for a recession? How much car insurance coverage do you really need? Hosts Sean Pyles and Elizabeth Ayoola discuss recession risks and car insurance basics to help you understand how to protect your finances. Joined by NerdWallet senior news writer Anna Helhoski, they begin with a discussion of recession warnings, with tips and tricks on budgeting with the 50/30/20 rule, building an emergency fund, and prepping your credit and savings. Then, insurance Nerd Lisa Green joins Sean and Elizabeth to discuss how to choose the right amount of car insurance. They discuss the difference between liability, collision, and comprehensive coverage, what minimum insurance limits really protect you from (and what they don’t), and how umbrella policies and uninsured motorist coverage can add extra protection. You’ll also hear ways to lower your car insurance bill by shopping around, raising your deductible, and finding overlooked discounts. Compare auto insurance rates in 2 minutes with NerdWallet’s auto insurance finder: https://www.nerdwallet.com/insurance/l/auto-insurance-finder   In their conversation, the Nerds discuss: how to prepare for a recession, signs of a recession, what happens during a recession, 50/30/20 budget rule, building an emergency fund, credit during a recession, umbrella insurance, what is umbrella insurance, car insurance basics, collision vs comprehensive coverage, liability car insurance explained, full coverage car insurance, what is full coverage insurance, auto insurance deductible, underinsured motorist coverage, car insurance tiers, how to save on car insurance, shopping for car insurance, car insurance comparison tips, high liability coverage, car insurance for old cars, what is property damage liability, what is bodily injury liability, best car insurance coverage, understanding insurance limits, home and auto umbrella policy, recession impact on prices, recession and interest rates, how long recessions last, economic indicators of recession, consumer sentiment recession, car insurance for risky drivers, and auto insurance discounts. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, March 24, 2025

From Broker to Budget: How to Buy or Sell a Home in 2025

Learn how to budget for a mortgage, compare lenders, and prep for home buying or selling in today’s changing housing market. How can you shop smart for a mortgage and pick the right broker or lender? How do you budget for a home purchase? Hosts Sean Pyles and Elizabeth Ayoola discuss mortgage shopping and home affordability to help you understand how to make informed, strategic choices when buying or selling a home. Joined by Jonathon Haddad, president of Next Door Lending, and Kate Wood, NerdWallet mortgage expert, they cover how brokers work, what to look for in a lender, and how to avoid common pitfalls when comparing loan offers. They begin with a conversation with Jonathon Haddad about the benefits of using a mortgage broker, how much money borrowers could save, and key questions to ask when shopping for a loan. Then, Kate Wood helps answer a listener’s question about selling a home in 2025, including tips on agent commissions and how market shifts could affect sellers. They discuss how to budget for a down payment, what expenses first-time homebuyers often overlook, and how to know if you’re financially ready to buy.  If you’re ready to find the right mortgage with expert guidance every step of the way, get started today at https://www.nerdwallet.com/prequalify/m/mortgage-experts/lp1   Here’s what mortgage brokers are and how to find one: https://www.nerdwallet.com/article/mortgages/how-to-find-a-mortgage-broker See how far your homebuying budget could take you with NerdWallet’s home affordability calculator: https://www.nerdwallet.com/calculator/how-much-house-can-i-afford   First-time home buyer programs by state: https://www.nerdwallet.com/article/mortgages/first-time-home-buyer-programs-by-state   In their conversation, the Nerds discuss: how to find a mortgage broker, mortgage broker vs lender, mortgage broker fees, best way to shop for a mortgage, how to compare mortgage lenders, mortgage broker savings, mortgage loan estimate tips, choosing a mortgage broker, home buying budget calculator, how to budget for a house, down payment assistance programs, closing costs for first time home buyers, private mortgage insurance, how to prepare for buying a home, home buying tips 2025, first time home buyer loans, FHA loan down payment, conventional loan down payment, va loan down payment, usda loan down payment, home buying closing costs, real estate agent commission 2025, how to sell your house, how to choose a real estate agent, realtor commission changes 2025, selling a house in 2025, how

Thu, March 20, 2025

Managing the Job Market and Your Parents’ Finances: Tips for the Sandwich Generation

Learn how to juggle finances for aging parents and kids, plus what the latest labor market data means for your wallet. How do you navigate the financial challenges of caring for aging parents while raising kids? How should the job market impact your financial decisions? Hosts Sean Pyles and Elizabeth Ayoola break down the realities of the sandwich generation and the latest labor market trends shaping Americans’ financial outlook. They begin with a discussion of how economic sentiment differs from reality, exploring new data on job security, wage growth, and job seekers' frustrations. Senior news writer Anna Helhoski and NerdWallet economist Elizabeth Renter join to discuss how people’s perceptions of the labor market compare to actual employment data and why younger workers feel the impact of job market shifts more acutely. Then, NerdWallet Medicare authority and certified senior advisor (CSA)®  Kate Ashford joins to tackle the financial challenges of managing aging parents’ finances while also raising children. They discuss essential conversations to have with loved ones, strategies for handling medical and long-term care costs, and the importance of estate planning and power of attorney. Read NerdWallet’s new report looking at our perception of how things are relative to what they really are: https://www.nerdwallet.com/article/finance/labor-market-sentiment   In their conversation, the Nerds discuss: managing parents’ finances, sandwich generation financial planning, how to care for aging parents financially, power of attorney for parents, how to talk to parents about money, estate planning for parents, best way to pay for long-term care, Medicare vs Medicaid long-term care, financial help for caregivers, how to manage caregiving costs, labor market trends 2025, job market outlook 2025, job market for Gen Z, wage growth vs inflation, worker sentiment survey, hiring trends 2025, job security in 2025, financial stress of caregiving, balancing kids and elderly parents, generational wealth planning, how to talk to family about money, financial stress and mental health, caregiving while working full-time, and budgeting for multi-generational households. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, March 17, 2025

How to Budget for Trips: When to Book and How to Avoid Hidden Fees

Learn how to budget for travel, save on flights, and maximize credit card rewards for your next trip. How can you budget and save money for travel? How can you maximize credit card rewards and travel points to help lower trip costs? Hosts Meghan Coyle and Sally French discuss budgeting strategies and travel rewards to help you plan smarter for your trips. They begin by sharing new data that might impact your budget for spring break travel, give some highlights of new airport lounges that opened in Las Vegas and Philadelphia, and discuss a change coming to the Uber app that could affect you if you’re traveling abroad. Then, they dig into some options for setting a travel budget, with tips on estimating costs using Google Flights, creating a dedicated travel savings fund, and planning ahead for rising airfare prices. Meghan and Sally also explore some of the ways you can leverage credit card perks and travel rewards to stretch your budget even further.  Resources discussed in this episode: LAS Centurion Lounge Review Capital One Lounge Las Vegas: Hits the Jackpot with Food and Drinks What Credit Cards Can Get Me Into Chase Lounges, And Where Are They Located? Best No Foreign Transaction Fee Credit Cards The Best Days to Book a Flight and When to Fly Best High-Yield Savings Accounts  The Best Travel Credit Card Welcome Bonus Offers Right Now In their conversation, the Nerds discuss: travel budget, how to save money for travel, best travel credit cards, travel points and miles, airline rewards, Google Flights price alerts, budgeting for flights, cheap flights, best time to book flights, credit card travel perks, Southwest Companion Pass, travel savings account, airfare inflation, high-yield savings for travel, vacation budget, flexible travel dates, how to maximize travel rewards, best hotel rewards programs, credit card sign-up bonuses, when to use travel points, credit cards with no foreign transaction fees, airline lounge access, how to get cheap last-minute flights, and unexpected travel expenses.

Thu, March 13, 2025

What to do When Groceries Cost More and Retirement Feels Out of Reach

Learn why tariffs are driving up prices and how you can still save money. Plus, how to catch up on retirement savings if you started late. How will new tariffs impact your grocery bill and big-ticket purchases? Is early retirement an option if you’re behind on retirement savings? Hosts Sean Pyles and Elizabeth Ayoola discuss rising costs due to tariffs and strategies for catching up on retirement savings. They’re joined by NerdWallet senior news writer Anna Helhoski, who leads a conversation with personal finance writers Kim Palmer and Amanda Barroso about the latest trade developments and their effects on consumer prices. They begin with a discussion on tariffs, explaining which everyday items — like groceries, gas, and electronics — are likely to get more expensive, how these price hikes trickle down to domestic goods, and why panic-buying may not be the best response.  Then, Amy, a listener in Wisconsin, joins Sean and Elizabeth to discuss retirement planning after starting savings later in life. They explore realistic ways to build a retirement nest egg, including catch-up contributions, rethinking lifestyle costs, and alternative approaches to the FIRE movement — AKA financial independence, retire early.  Here’s how to find out how much you should save for retirement: https://www.nerdwallet.com/article/investing/how-much-to-save-for-retirement User NerdWallet’s retirement calculator to find out if you’re on track to save enough for retirement: https://www.nerdwallet.com/calculator/retirement-calculator   Learn about the FIRE movement (financial independence, retire early): https://www.nerdwallet.com/article/investing/financial-independence-retire-early   In their conversation, the Nerds discuss: tariffs 2025, grocery prices rising, grocery price inflation, how tariffs affect prices, consumer goods tariffs, grocery savings tips, meal planning apps, best grocery list apps, grocery price hikes, food inflation 2024, how to save on groceries, price increase on imported goods, China tariffs, Mexico tariffs, Canada tariffs, retirement savings strategies, how to catch up on retirement savings, Barista FIRE, early retirement strategies, how to invest for retirement, retirement savings at 50, compound interest retirement, financial planner retirement, Roth IRA vs 401k, employer 401k match, best investments for retirement, late starter retirement plan, retirement planning mistakes, financial independence, cost of living in retirement, how to retire abroad, and expat retirement planning. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email

Mon, March 10, 2025

Can AI Really Manage Your Money? Plus: The Truth About Roth Conversions

Learn how AI can help you budget, invest, and build financial knowledge. Then, get expert insights on Roth conversions. How can AI help you manage your money? What do you need to know about Roth conversions? Hosts Sean Pyles and Elizabeth Ayoola discuss the rise of AI-powered financial tools and break down the pros and cons of using AI for budgeting, financial education, and investing research. They explore how generative AI, budgeting apps, and robo-advisors can assist with personal finance tasks but also highlight potential risks that come with using the technology, like misinformation and algorithmic bias. Then, investing Nerd Sam Taube joins Sean and Elizabeth to discuss Roth conversions, including how they work, when they make sense, and what tax implications to consider. They cover how to estimate taxes on a conversion, the impact of the pro-rata rule on backdoor Roth IRAs, and strategies to avoid tax complications. Whether you’re curious about AI-driven financial tools or weighing a Roth conversion, this episode provides the insights you need to make smarter money decisions. What Is a Robo-Advisor and Is One Right for You? https://www.nerdwallet.com/article/investing/what-is-a-robo-advisor   Federal Income Tax Calculator and Refund Estimator 2024-2025 https://www.nerdwallet.com/calculator/tax-calculator   NerdWallet’s roundup of the best financial advisors: https://www.nerdwallet.com/best/investing/financial-advisors   In their conversation, the Nerds discuss: how to use AI for budgeting, AI investing tools, robo-advisors, AI for financial planning, AI stock research, how to use ChatGPT for money management, generative AI and finance, Roth conversion taxes, Roth IRA conversion rules, Roth IRA tax implications, backdoor Roth IRA, pro rata rule Roth conversion, traditional IRA vs Roth IRA, Roth conversion strategy, Roth conversion tax brackets, when to do a Roth conversion, backdoor Roth IRA step by step, Roth IRA withdrawal rules, best robo-advisors, AI stock picking, AI for retirement planning, how to avoid taxes on Roth conversion, investing with AI, and AI vs human financial advisors. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, March 06, 2025

How Tariffs Could Impact Your Retirement and What to Know for 2025 Taxes

Learn how to respond to market volatility, the risks of private credit investing, and key tax updates for 2025. Should you adjust your 401(k) amid uncertain market conditions? How do you decide between the standard deduction and itemizing on your taxes? Hosts Sean Pyles and Elizabeth Ayoola discuss stock market volatility and tax season essentials to help you make smarter financial choices. NerdWallet senior news writer Anna Helhoski and investing writer Sam Taube, join Sean and Elizabeth to discuss recent stock market swings, covering how new tariffs on major trade partners are affecting the economy. They provide insights into why markets react to policy changes, the risks of panic-selling investments, and strategies for how you can maintain a steady financial course through uncertain or turbulent times.  Then, NerdWallet tax writer Bella Avila joins Sean and Elizabeth to answer listeners’ burning tax questions, including explaining key filing deadlines, recent tax bracket changes, and when it makes sense to itemize deductions instead of taking the standard deduction. NerdWallet’s federal income tax calculator: https://www.nerdwallet.com/calculator/tax-calculator   Use NerdWallet’s dividend calculator to estimate your long-term returns and tax liability on a dividend stock, assuming dividends are reinvested: https://www.nerdwallet.com/calculator/dividend-calculator   Learn about qualified and nonqualified dividend tax rates: https://www.nerdwallet.com/article/taxes/dividend-tax-rate   In their conversation, the Nerds discuss: stock market volatility, private credit investing, how to invest in private credit, retirement account changes, investing during a downturn, tax season 2025, tax deadline 2025, tax filing tips, tax brackets 2025, standard deduction vs itemized deduction, IRS Free File, Direct File IRS, how to file taxes for free, Roth IRA contribution limits, how dividends affect Roth IRA, reinvested dividends and taxes, backdoor Roth IRA, qualified vs ordinary dividends, investment risk tolerance, impact of tariffs on stock market, shadow banking, alternative investments, investing in private credit, tax changes for 2025, how to estimate tax payments, how to avoid tax penalties, and e-filing vs paper filing. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, March 03, 2025

How to Get Your Finances Ready for a Crisis and Tackle Debt Smarter

Learn how to prepare financially for uncertain times and balance debt payoff with saving for emergencies and retirement. How much emergency cash should you keep on hand? Should you focus on paying off debt or saving for retirement first? Hosts Sean Pyles and Elizabeth Ayoola discuss financial preparedness and debt payoff strategies to help you feel more financially secure. They begin with a discussion on personal and financial resilience, covering tips on keeping emergency cash, building a support network, and taking proactive financial actions. Then, Sean and Elizabeth talk with listener Michaela, a 24-year-old paralegal, about balancing debt repayment with savings and investing. They explore the debt snowball vs. debt avalanche methods, how much to save for emergencies, and why starting retirement savings early — even while in debt — can pay off in the long run. NerdWallet’s guide to how to prepare for your next emergency: https://www.nerdwallet.com/article/finance/how-to-prepare-for-your-next-emergency   How to open a Roth IRA: https://www.nerdwallet.com/article/investing/how-and-where-to-open-a-roth-ira   In their conversation, the Nerds discuss: emergency cash savings, how much cash to keep at home, personal finance preparedness, financial resilience, budgeting for emergencies, how to build an emergency fund, debt snowball vs. debt avalanche, should I pay off debt or save, how to start investing in your 20s, best budgeting methods, 50/30/20 budget, zero-based budgeting, how to save for retirement early, Roth IRA vs. 401(k), why you need an emergency fund, financial security tips, community and financial support, mutual aid groups, debt repayment strategies, credit card debt payoff, investing while in debt, how to budget better, personal loan repayment, car loan interest rates, financial planning for young professionals, cash vs. credit in an emergency, preparing for a crisis financially, high-interest debt payoff, how to avoid debt traps, savings vs. debt payoff balance, and financial habits to build in your 20s. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, February 27, 2025

Egg Prices, Greenwashing, and Smarter Ways to Invest

Learn what’s causing egg prices to rise so dramatically, then explore ethical investing and how to manage savings wisely. Are ESG investments really as ethical as they claim to be? What’s the smartest way to put extra savings to work? Hosts Sean Pyles and Elizabeth Ayoola discuss ethical investing and savings strategies to help you make informed financial decisions. They begin with a discussion of the rising cost of eggs with NerdWallet senior news writer Anna Helhoski, who explores the surprising reasons behind skyrocketing prices. They break down how the ongoing avian flu crisis, supply chain disruptions, and shifting farming regulations are affecting egg availability and pricing, as well as why some cage-free eggs are now cheaper than conventional ones and what consumers can do to save on groceries. Then, Smart Money listener Maddie joins Sean and Elizabeth to discuss how to balance savings and investments. They cover how much to keep in a high-yield savings account, whether investing is a good alternative to paying off student loans, and how to plan for future financial goals like college savings. User NerdWallet’s free calculator to understand how much life insurance you need: https://www.nerdwallet.com/article/insurance/how-much-life-insurance-do-i-need   In their conversation, the Nerds discuss: ethical investing, ESG investing, socially responsible investing, greenwashing in investing, best ESG funds, how to invest ethically, socially conscious investing, investment funds for social good, sustainable investing, high-yield savings, savings vs investing, financial security, best high-yield savings accounts, student loans vs investing, public service loan forgiveness, financial literacy, emergency fund, how much to keep in savings, Roth IRA vs 529, college savings plans, best 529 accounts, investing for the future, financial independence, socially responsible funds, investment strategies, passive investing, long-term investing, financial planning, personal finance tips, how to manage savings, how to start investing. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, February 24, 2025

Behavioral Finance Mistakes That Hurt Your Portfolio and What “Good” Returns Look Like

Learn how behavioral biases impact your investments and what a “good” return from your portfolio looks like. How do behavioral biases affect your investing decisions? What kind of returns should you expect from your investments? Hosts Sean Pyles and Elizabeth Ayoola discuss common psychological traps investors fall into and how to set realistic expectations for long-term portfolio growth. They begin by speaking with Behavioral Financial Advisor Yohance Harrison, founder of Money Script Wealth Management, about behavioral finance, with insights on anchoring bias, recency bias, and how emotional decision-making can hurt your investments. They also discuss strategies to counteract these biases, how long-term planning can override emotional investing, why patience is key to market success, and how robo-advisors can help you stick to your plan. Then, investing Nerd Sam Taube joins Sean and Elizabeth to answer a listener’s question about whether their investment returns are on track. They discuss what a "good" return looks like, how different types of mutual funds impact performance, and when to consider adjusting your investment strategy.  7 Best Mutual Funds for February 2025 and How to Invest: https://www.nerdwallet.com/article/investing/how-to-invest-in-mutual-funds   In their conversation, the Nerds discuss: behavioral finance, investment biases, anchoring bias, recency bias, emotional investing, stock market psychology, long-term investing, short-term investing, market volatility, mutual fund returns, index fund returns, S&P 500 average return, risk tolerance, investment performance, robo-advisors, automated investing, when to sell stocks, how to manage investments, financial anxiety and investing, how to pick mutual funds, investment education, investment portfolio strategy, when to rebalance your portfolio, how to diversify investments, investment growth expectations, financial planning, how to avoid bad investments, investment risk management, and active vs passive investing. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Trailer · Mon, February 24, 2025

Welcome to NerdWallet's Smart Money Podcast

Hosts Sean Pyles, CFP®, and Elizabeth Ayoola are here to answer your biggest financial questions and help you take control of your money. On NerdWallet’s Smart Money Podcast, our trusted finance experts break down real-world money challenges, giving you clear, actionable strategies to build wealth and reach your financial goals. Each episode cuts through the noise with expert insights on budgeting, saving, investing, home buying, credit cards, and more—so you can make smarter financial decisions with confidence. By the end of every episode, you’ll walk away with the knowledge and tools to manage your money wisely, plan for life’s big moments, and set Future You up for success. Follow the show now and start making smarter money moves!

Thu, February 20, 2025

Marriage and Money Myths — and Why the Economy Feels 'Off'

Understand the financial pros and cons of marriage, from taxes to credit scores, and how it impacts your future. Is the economy as bad as people think it is? How does your spouse’s credit and debt affect your finances? Hosts Sean Pyles and Elizabeth Ayoola discuss marriage and money to help you understand the financial implications of tying the knot. But first, NerdWallet Senior News Writer Anna Helhoski interviews Eugene Ludwig, chair of the Ludwig Institute for Shared Economic Prosperity, about why traditional economic data may not accurately reflect the financial struggles of middle- and low-income Americans. They explore how unemployment statistics overlook underemployment, why inflation feels worse for lower-income earners, and how policymakers could improve economic measurement tools. Then, NerdWallet Personal Finance Writer Lauren Schwahn joins Sean and Elizabeth to break down the financial side of marriage. They discuss how taxes work for married couples, whether getting married affects your credit score, and how to protect your finances when one partner has significant debt. They also cover estate planning advantages, health care decision-making, and strategies for managing money as a couple with different financial backgrounds. How to dispute credit report errors to get mistakes or outdated information off your credit history: https://www.nerdwallet.com/article/finance/dispute-credit-report   In their conversation, the Nerds discuss: marriage and money, financial benefits of marriage, marriage tax penalties, combining finances, marriage effect on credit score, debt and marriage, should I get married for financial reasons, estate planning for couples, joint bank accounts pros and cons, student loans and marriage, how to protect finances in marriage, marrying someone with bad credit, mortgage and marriage, how to talk about money before marriage, economic perception vs reality, cost of living vs wages, how inflation affects real wages, and CPI accuracy. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, February 17, 2025

Why Traditional Budgeting Fails and What’s Missing from Your Money Plan

Learn how values-based spending can help you curb impulse buys, avoid financial blindspots, and rethink your money habits How can you stop impulse spending? How do you know if you’re making good financial choices? This episode explores mindful spending and financial habits that may be holding you back. Personal finance Nerd Kim Palmer kicks off the episode with a discussion on spending habits with guests Jen Smith and Jill Sirianni, hosts of the Frugal Friends podcast and authors of the new book, Buy What You Love Without Going Broke . They explore the pitfalls of extreme budgeting, how values-based spending leads to financial confidence, the importance of aligning spending with what truly matters, strategies to curb impulse purchases, and how to reframe financial mistakes without shame. Then, hosts Sean Pyles and Elizabeth Ayoola discuss financial blindspots with Jeremy, a listener who works as a talent agent in New York City. They dive into how to evaluate whether you're on track with savings, when to prioritize your time over income, and how to address financial gaps you might not be aware of. Jeremy shares his detailed approach to budgeting and saving while expressing uncertainty about whether he's missing something in his financial plan. They explore retirement savings options beyond a 401(k), the importance of disability insurance, estate planning considerations, and how to balance long-term financial security with enjoying money in the present. Are you on track to save enough for retirement? Use NerdWallet’s retirement calculator to check your progress, see how much retirement income you'll have and estimate how much more you should save: https://www.nerdwallet.com/calculator/retirement-calculator   In their conversation, the Nerds discuss: impulse spending, financial blindspots, mindful spending, values-based spending, budgeting tips, budgeting strategies, spending guilt, financial regrets, smart money habits, how to stop emotional spending, personal finance mistakes, how to balance saving and spending, financial security, how to make a financial plan, retirement savings, estate planning, disability insurance, high-yield savings, robo-advisor investing, early retirement planning, how to save for retirement, and brokerage account alternatives. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, February 13, 2025

Cross-Country Moving Tips and What a CFPB Shutdown Could Mean for You

Learn what a CFBP shutdown could mean for consumers, plus how to financially manage a cross-country move — including whether to rent or sell your home. What happens if the CFPB is shut down? Should you sell or rent out your home when moving to a new city? Hosts Sean Pyles and Elizabeth Ayoola discuss the financial decisions involved in relocating, including managing moving expenses and deciding whether to keep or sell a home. But first, NerdWallet Senior News Writer Anna Helhoski joins Sean and Elizabeth to discuss the potential shutdown of the Consumer Financial Protection Bureau and its impact on consumer rights. Anna interviews Chuck Bell, the program director for advocacy at Consumer Reports, about the CFPB’s role in protecting consumers and what its potential closure could mean for financial regulations and consumer rights. Then, NerdWallet writer Lisa Green joins Sean and Elizabeth to talk to David, a listener with questions around the financial and logistical challenges of a cross-country move. They discuss key considerations for renting versus selling a home, the financial implications of becoming a long-distance landlord, and strategies for covering a down payment on a new home. The Nerds also share insights on budgeting for moving costs, including how to decide between hiring professional movers, using a service like PODS, or selling furniture before relocating. Learn about down payments and calculate how much to put down on a house: https://www.nerdwallet.com/article/mortgages/down-payment-calculator In their conversation, the Nerds discuss: cross-country move, sell or rent your home, moving costs, budget for moving, moving expenses, renting out your home, financial planning for moving, real estate investments, property management, home equity loans, HELOC, down payment options, mortgage planning, financial decisions, house rental income, home selling process, cost of moving, moving truck vs movers, PODS vs U-Haul, rental property management, tax implications of renting, home value appreciation, moving to a new state, moving savings tips, renting vs owning, budgeting for relocation, moving with kids, tax write-offs for landlords, credit score for mortgage, home selling costs, home loan options, financial impact of moving, travel expenses, best way to move furniture, and moving insurance. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, February 10, 2025

Debt in the Dating World and Retirement Planning for Entrepreneurs and Business Owners

Learn how debt affects dating, plus expert advice on retirement planning for business owners navigating succession and savings. When does debt become a red flag in the dating world? How can business owners best plan for retirement? Hosts Sean Pyles and Elizabeth Ayoola discuss a new NerdWallet survey revealing how financial responsibility impacts romantic relationships, and they explore how different types of debt — like student loans versus credit card debt—affect dating prospects. Plus, they discuss why financial transparency matters, and they give you some steps to take if you want to become more financially appealing to a potential partner. Then, Sean and co-host Sara Rathner talk with an organic produce farmer, Tenzin, about how to plan for retirement, particularly as a business owner. They cover key retirement planning benchmarks, when to shift from reinvesting in a business to personal savings, and succession strategies for business owners looking to transition out of an active role.  Read about the findings of NerdWallet’s new survey on debt in dating: https://www.nerdwallet.com/article/finance/data-undateable-debt   Mentions: How to choose a financial advisor Retirement calculator In their conversation, the Nerds discuss: how much debt is too much, financial red flags, debt and relationships, money and dating, financial green flags, how to talk about money in relationships, paying off debt before marriage, retirement planning for small business owners, small business succession planning, selling a family business, how to retire as a business owner, when to stop reinvesting in your business, how to transition a business to employees, retirement savings benchmarks, financial planning for entrepreneurs, choosing a financial planner, business transition strategies, how to retire without selling your business, business exit strategies, small business succession options, employee ownership models, planning for retirement as a farmer, financial planning for farmers, debt and dating statistics, and money habits in relationships. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, February 06, 2025

Will New Tariffs and Tax Rules Cost You? (Plus: Travel Rewards & Roth IRA Tips)

Get the latest on tariffs, federal spending and the CFPB shake-up — plus answers to your travel credit card and Roth IRA questions. What tariffs has President Trump implemented? What’s the best travel credit card for earning rewards and perks? How do you open a Roth IRA and choose investments? Hosts Sean Pyles and Elizabeth Ayoola discuss the latest financial news, including new tariffs, federal spending changes, and what’s happening with the CFPB under the Trump administration. Senior news writer Anna Helhoski joins them to discuss of how tariffs may raise prices for consumers, how government funding uncertainties could affect personal finances, and what to know about potential changes to financial protections. Then, host Sara Rathner joins Sean to answer a “lightning round” of listener questions, including questions about travel credit cards and Roth IRAs. They cover top travel credit cards and their perks, how to decide if a travel rewards card is right for you, and what to consider when opening a Roth IRA. NerdWallet’s roundup of the best brokers for beginner investors: https://www.nerdwallet.com/best/investing/online-brokers-for-beginners   In their conversation, the Nerds discuss: best travel credit cards, how to open a Roth IRA, travel rewards cards, Roth IRA step-by-step, tariffs impact on prices, federal spending freeze, CFPB changes, financial protections, Chase Sapphire Reserve review, American Express Gold Card benefits, best credit card for travel perks, how to choose a credit card, travel credit card comparison, investment accounts for kids, best brokerage accounts, best 529 college savings plan, credit freeze explained, credit card points vs. cash back, pros and cons of travel credit cards, Roth IRA tax benefits, how to pick a Roth IRA provider, best robo-advisors for retirement, what is a custodial account, UTMA vs. 529 plan, how to invest for grandkids, personal finance news, money tips, financial literacy, best tax-advantaged accounts, step-by-step Roth IRA guide, best credit card welcome bonuses, tax implications of travel rewards, how tariffs affect your wallet, how to budget for travel, how to avoid credit card debt, and how to maximize credit card rewards. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Bonus · Wed, February 05, 2025

Introducing Smart Travel: Upgrade Your Getaways, a NerdWallet Podcast

Do you need a vacation from planning your vacation? Before you budget, learn how to get the most out of your travel dollars with Smart Travel , debuting Wednesday, February 12. NerdWallet’s trusted travel experts, Sally French and Meghan Coyle, are here to help your travel dollars work even harder.  But the travel Nerds don’t just make recommendations; they break down the latest travel details, exploring the pros and cons of specific strategies, practical tools, and tactics. Dive deep with the experts as they lay out all the options so you can finally plan that dream vacation. So put your seat in its full upright position, buckle up, and let’s help that travel budget take you places you've only dreamed about. Follow Smart Travel on Apple Podcasts: https://podcasts.apple.com/us/podcast/smart-travel-upgrade-your-getaways/id1794403843 Follow Smart Travel on Spotify: https://open.spotify.com/show/3O8C6tHZGMzEMrlW2Lavw0?si=V3zpJB3VRhSG4W78GU_KsQ

Mon, February 03, 2025

The Price Isn’t Right: How to Stop Overspending and Stay Debt-Free

Break free from debt cycles and rethink your spending habits with tips on no-buy challenges and financial therapy. How can you stop falling into a cycle of paying off debt, only to rack it back up again? What is a no-buy year, and how can it help you control your spending? Hosts Sean Pyles and Elizabeth Ayoola discuss strategies for breaking unhealthy spending patterns and staying out of debt for good. They begin with a conversation about the benefits of a no-buy year with NerdWallet personal finance writer Amanda Barroso, who shares tips on setting clear spending rules, resisting impulse purchases, and tracking progress to reinforce financial discipline. Then, Sean welcomes co-host Sara Rathner and personal finance Nerd Melissa Lambarena to dive into a listener’s struggle with recurring credit card debt. They discuss the psychological factors behind compulsive spending, the benefits of financial therapy, and practical steps to curb overspending, including strategies for budgeting, limiting credit card use, and practicing delayed gratification. Read NerdWallet’s write-up of the best no balance transfer fee credit cards to help you compare your options for ways to climb out of debt: https://www.nerdwallet.com/article/credit-cards/best-no-balance-transfer-fee-credit-cards   In their conversation, the Nerds discuss: credit card debt, how to stop overspending, no-buy year, budgeting tips, financial therapy, money habits, debt cycle, breaking bad money habits, impulse spending, debt-free living, financial discipline, how to stop using credit cards, saving money strategies, debt management, mindful spending, financial goals, spending freeze, personal finance tips, credit card traps, emotional spending, how to budget, debt repayment, how to stay out of debt, no-spend challenge, frugal living, debt-free journey, saving money on shopping, financial accountability, budget planner, financial self-control, spending detox, credit card debt help, how to stop living paycheck to paycheck, best budgeting methods, overcoming debt, financial self-awareness, debt-free motivation, and how to track spending habits. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, January 30, 2025

Is It Time to Leave Your Job? Tips for Smart Moves and Strategic Growth

Learn how to decide if it’s time to change jobs or careers and understand how to strategize before you make a big career move. How do you know if it’s time to leave your job? What steps should you take before making a big career move? Host Sean Pyles talks to author and SiriusXM host Dawn Graham about how to evaluate your current job satisfaction and recognize the signs that it might be time for a change. They begin with a discussion of identifying personal values, assessing career alignment, and tips for navigating conversations with managers. They also delve into strategies for approaching major career shifts, from exploring new fields to building the skills and network necessary to succeed. They discuss actionable strategies for testing a new career path, overcoming the challenges of starting over, and networking effectively to stand out. In their conversation, the Nerds discuss: career changes, how to change jobs, signs to leave a job, switching careers, professional growth, career move tips, leaving a job, job dissatisfaction, career pivot, networking strategies, job search tips, workplace burnout, how to talk to a manager about leaving, new career path, finding a new job, changing careers in 2025, job skills development, career alignment, values and career decisions, professional energy, job growth, building career confidence, quitting a job, making a career switch, career planning, job search strategies, LinkedIn networking, and how to stay motivated at work. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, January 27, 2025

Rising Insurance Costs and Choosing the Best Savings Account for Your Money

Learn how rising climate risks impact home insurance costs and compare high-yield savings against money market accounts. How can you protect your home and finances as climate disasters increase? Should you choose a high-yield savings account or a money market account? Hosts Sean Pyles and Sara Rathner discuss rising home insurance costs and how to evaluate savings options to make informed financial decisions. First, they welcome home insurance Nerd, Caitlin Constantine, to discuss skyrocketing home insurance premiums in the wake of climate-related disasters, and share tips on shopping for competitive rates, raising deductibles responsibly, and understanding your policy’s exclusions and limitations. Then, savings expert Margarette Burnette joins Sean and Sara to break down the differences between high-yield savings accounts and money market accounts. She explains key distinctions, compares pros and cons, and shares practical tips on maximizing your savings. Compare homeowners insurance quotes using NerdWallet’s free tool: https://www.nerdwallet.com/article/insurance/home-insurance-quotes   NerdWallet's list of the best high-yield savings accounts: https://www.nerdwallet.com/best/banking/high-yield-online-savings-accounts   NerdWallet's list of the best money market accounts: https://www.nerdwallet.com/best/banking/money-market-accounts   In their conversation, the Nerds discuss: home insurance costs, rising insurance premiums, climate disasters insurance, lowering home insurance premiums, high-yield savings accounts, money market accounts, money market vs high yield, flood insurance, insurance in wildfire zones, climate change impact on insurance, California home insurance, savings account tips, saving for emergencies, insurance deductibles, renters insurance costs, homeowners insurance increases, how to shop for insurance, emergency fund accounts, FDIC insurance, money market mutual funds, savings accounts explained, financial preparedness for disasters, best savings accounts 2024, smart insurance tips, financial impact of climate change, how to reduce insurance costs, flood insurance necessity, investment vs savings, interest rates on savings accounts, climate change financial impact, practical savings advice, emergency savings strategies, comparing savings products, pros and cons of money market accounts, and home insurance in high-risk areas. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, January 23, 2025

2025 Real Estate Trends: What Homebuyers and Sellers Need to Know

Learn how to navigate the 2025 housing market with tips for buyers and sellers facing high rates, prices and tight inventory. What steps can you take to buy a home in a high-rate market? How can you prepare your home to sell for the best price? Hosts Sean Pyles and Sara Rathner discuss how buyers and sellers can navigate the 2025 housing market despite high rates, tight inventory and rising home prices. NerdWallet mortgage reporter Holden Lewis joins the episode to share tips for buyers, including how to get pre-approved for a mortgage, the importance of budgeting for rising homeowners insurance premiums, and why timing the market is risky. He also shares smart strategies for sellers, including the value of curb appeal, documenting recent repairs, and how professional staging and photography can make a home stand out. Plus: Learn about broader housing trends, like the impact of "rate lock-in" on inventory, the connection between Federal Reserve policies and mortgage rates, and how changes to real estate agent commission rules are affecting buyers.  In their conversation, the Nerds discuss: housing market 2025, home buying tips, selling a house, mortgage rates 2025, real estate trends, rate lock-in, pre-approval mortgage, homeowners insurance costs, house affordability, first-time homebuyers, housing inventory shortage, real estate commissions, Fed and mortgage rates, buying a house in high rates, preparing to sell a home, home staging tips, home prices, real estate commission changes, real estate agent fees, home selling strategies, 2025 real estate forecast, Zillow stalking, housing market challenges, tips for house hunters, real estate market tips, and real estate pricing trends. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, January 20, 2025

The Best Financial Products of 2025 and Investing in Collectibles

Learn how to pick the best financial tools for investing, mortgages, and travel rewards to meet your personal goals. What are the best financial tools for investing, mortgages, and travel rewards in 2025? Should you invest in collectibles like designer handbags? Hosts Sean Pyles and Sara Rathner discuss top-rated financial tools for achieving your money goals and what to consider when investing in non-traditional assets. They begin with a discussion of NerdWallet’s 2025 Best-Of Awards , in which NerdWallet’s team of experienced finance writers and editors researched more than 1,000 financial products and narrowed them down to just one winner per category to make it easier for you to choose what’s best for you. Investing Nerd Sam Taube and mortgage Nerd Holden Lewis join Sean and Sara to share what they chose as the best product in their areas of expertise and why, offering tips and tricks on finding the right investment platform, understanding mortgage rates, and maximizing travel rewards. Then, investing Nerd Alana Benson joins Sean and Sara to discuss the pros and cons of investing in collectibles like designer purses, coins, or Magic: The Gathering cards. They explore how collectibles fit into a diversified portfolio, the hidden costs of holding physical assets, and when it makes sense to sell.  In their conversation, the Nerds discuss: best financial tools 2025, top travel credit cards, best mortgage lenders, Fidelity investment app, collectibles as investments, investing in designer bags, mortgage rates 2025, credit card rewards, Chase Sapphire Preferred benefits, how to choose a mortgage lender, Roth IRA rollover tips, U.S. Bank mortgage review, expense ratio explained, travel credit card insurance, long-term investing strategies, investing in purses, switching brokerage accounts, tax implications for collectibles, building a diversified portfolio, Fidelity ZERO funds, and financial tools for travel. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, January 16, 2025

Simple Steps to Budget Better and Manage Credit With Confidence

Learn how to create an effective budget and manage credit responsibly to build a strong financial foundation for 2025. How can you create a budget that works for you? What are the best ways to use credit cards responsibly? NerdWallet personal finance expert Kim Palmer joins host Sean Pyles to discuss budgeting strategies and smart credit management to help you build a strong financial foundation for 2025. They begin with a discussion of budgeting, with tips and tricks on choosing the right budgeting method, tracking expenses effectively, and overcoming common pitfalls like unexpected expenses. Then, Sean and Kim discuss credit card management and how to use credit responsibly. They explore the importance of monitoring transactions, strategies for avoiding overspending, and tips for keeping your credit utilization low to protect your credit score. They wrap up their conversation by sharing actionable advice for managing debt and improving your credit health over time. Enter your monthly after-tax income into NerdWallet’s free budget calculator to create a suggested 50/30/20 budget: https://www.nerdwallet.com/article/finance/nerdwallet-budget-calculator   Here are NerdWallet's picks for the best budgeting apps, broken down by what works best for different needs: https://www.nerdwallet.com/article/finance/best-budget-apps   In their conversation, the Nerds discuss: how to budget effectively, creating a budget, 50/30/20 rule, zero-based budgeting, cash stuffing, best budgeting apps, credit card tips, responsible credit card use, credit utilization, how to manage credit, credit card debt help, financial planning, credit score improvement, debt payoff methods, snowball method, avalanche method, NerdWallet app, best apps for budgeting, income tracking, expense tracking, managing credit card debt, avoiding overspending, building credit, financial goals 2025, smart financial habits, credit score tips, common credit card mistakes, planning a budget, household budgeting, monthly budgeting tips, using credit wisely, and setting financial goals. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, January 15, 2025

Disaster-Resistant Finances: What to Do Before and After Catastrophes

Learn how to prepare financially for natural disasters with practical tips on planning, saving, and post-disaster recovery. How can you financially prepare for a natural disaster? What should you do to recover financially afterward? Host Sean Pyles and NerdWallet insurance writer Caitlin Constantine discuss the financial impact of climate change and share actionable strategies to prepare for and recover from natural disasters. They begin with practical tips for disaster preparedness, including creating a home inventory, saving for emergencies, and understanding insurance coverage.  Then, Kate Bulger, senior director of business development for nonprofit financial counseling agency Money Management International, joins Caitlin to discuss post-disaster recovery strategies. They explore how to work with insurance companies, access FEMA and other financial assistance programs, and avoid common scams in the aftermath of disasters.  Where to turn when a natural disaster upends your finances: https://www.nerdwallet.com/article/finance/where-to-turn-when-a-natural-disaster-upends-your-finances   What is FEMA and what can it do for you? https://www.nerdwallet.com/article/finance/what-is-fema   To stay informed about how the Los Angeles fires and other developing news events could impact your wallet, follow NerdWallet’s financial news hub: https://www.nerdwallet.com/h/news/financial-news   In this episode, the Nerds discuss: disaster preparedness, financial disaster recovery, home inventory checklist, how to prepare for natural disasters, emergency savings tips, disaster insurance, FEMA disaster assistance, post-disaster financial aid, saving for emergencies, how to avoid disaster scams, natural disaster financial planning, insurance coverage for disasters, disaster loans, flood insurance tips, tornado financial preparation, wildfire emergency planning, disaster recovery strategies, financial counseling after disasters, emergency cash reserve, how to protect finances in disasters, Small Business Administration disaster loans, keeping financial records safe, Project Porchlight, natural disaster credit card tips, budgeting for disasters, disaster financial checklist, avoiding insurance scams, rebuilding finances after disasters, climate change financial impacts, emergency financial preparedness, disaster recovery centers, handling financial trauma, managing finances after a flood, and disaster readiness tips.

Mon, January 13, 2025

What to Know About Managing Money Before Traveling or Living Abroad

Learn actionable strategies to tackle credit card debt and ways to manage your money while traveling or living abroad. How can you manage your money while living abroad? What are the best strategies to pay off credit card debt? Hosts Sean Pyles and Sara Rathner discuss managing finances while living outside the US and practical tips for tackling credit card debt to help you make smarter financial decisions. They begin with a discussion of credit card debt trends in the US, with tips on understanding why debt is rising, exploring repayment strategies, and avoiding common pitfalls like high interest rates and emotional overspending. Then, host Elizabeth Ayoola joins Sara to discuss some of the challenges of managing money abroad. They’re joined by NerdWallet writer Craig Joseph and producer Tess Vigeland, who share their experiences living abroad and the things they wish they’d known before moving to another country. They discuss navigating international banking fees, using tools like Wise and multi-currency accounts, and finding credit cards and banks that suit expat needs. They also cover what to keep in mind when filing taxes while living overseas, ensuring you’re prepared for IRS requirements and making the most of your money while enjoying life abroad. Our Credit Card Nerds put in the research to break down the best no balance transfer fee credit cards, including what each card offers and the fine print that accompanies each one: https://www.nerdwallet.com/article/credit-cards/best-no-balance-transfer-fee-credit-cards   Compare credit cards with NerdWallet’s free credit card comparison tool: https://www.nerdwallet.com/compare/credit-cards   In their conversation, the Nerds discuss: managing money abroad, how to transfer money abroad, avoiding international banking fees, filing taxes abroad, paying off credit card debt, debt repayment strategies, avoiding foreign transaction fees, Wise multi-currency accounts, balance transfer credit cards, international banking tips, expat financial planning, reducing debt stress, paying off high interest credit card debt, emotional side of debt, choosing the best credit card for travel, US expat finances, foreign bank accounts, transferring money internationally, managing expat taxes, multi-currency accounts, credit card debt trends, saving on bank fees, ATM reimbursement tips, tax planning for expats, how to open a bank account abroad, budgeting for living overseas, avoiding wire transfer fees, building credit abroad, expat financial mistakes, international money transfer apps, and international financial tools. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email <a href="mailto:podcast@nerdwallet.com"

Thu, January 09, 2025

From Meme Stocks to Index Funds: A 2025 Investing Guide

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. In this episode: Learn how to balance risk and reward in your investments, rebalance your portfolio, and avoid common investing pitfalls. How can you manage risk and reward when investing? What are the best strategies for rebalancing your portfolio for 2025? Host Sean Pyles and Investing Nerd Sam Taube discuss how to set yourself up for long-term financial success by evaluating your investment strategy and taking actionable steps to achieve your goals. They begin with a discussion of investment basics, including tips and tricks on building a balanced portfolio, understanding stock market trends, and preparing for potential risks and rewards. Then, Sean and Sam discuss strategies for rebalancing your portfolio to align with your financial goals and risk tolerance. They cover how to identify when it’s time to rebalance, the benefits of diversifying investments, and common investment pitfalls to avoid. The episode also dives into avoiding scams and red flags in the investing world, so you can make the smartest decisions to set yourself up for long-term growth. NerdWallet’s roundup of the best IRA accounts: https://www.nerdwallet.com/best/investing/ira-accounts Best brokers for beginner investors: https://www.nerdwallet.com/best/investing/online-brokers-for-beginners   Best brokers for options trading: https://www.nerdwallet.com/best/investing/options-trading-brokers   In their conversation, the Nerds discuss: how to invest, risk and reward in investing, rebalancing portfolio strategies, building a balanced portfolio, stock market trends, long-term financial success, avoiding investment scams, index fund investing, S&P 500 index fund, how to diversify investments, financial goals for investing, portfolio risk tolerance, investment basics, retirement account strategies, financial planning for 2025, clean energy stocks, tech stocks, financial services sector, meme stock trends, solar energy investments, tech regulation, banking regulations, index fund advantages, tax credit changes, and smart investing strategies. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, January 06, 2025

Stop Scrolling, Start Saving: Better Habits and Budgets for 2025

Learn how to budget irregular income, set sustainable financial goals, and curb mindless spending for a better 2025. How do you create a budget when you're paid in large, irregular chunks of income? What are practical ways to curb unnecessary spending and stick to financial goals? Hosts Sean Pyles and Sara Rathner discuss how to break down irregular income into manageable monthly budgets and how to cut out habits that hurt your finances, like mindless phone scrolling. They begin with a discussion of financial New Year’s resolutions, with tips and tricks on identifying habits to stop, making sustainable changes, and focusing on small, actionable goals. Then, personal finance expert Kim Palmer joins Sean and Sara to discuss budgeting with irregular income. They explore strategies for dividing large paychecks into monthly allocations, using tools like high-yield savings accounts, and the importance of tracking expenses.  Learn about NerdWallet’s picks for the best budget apps: https://www.nerdwallet.com/article/finance/best-budget-apps   Use NerdWallet’s free savings calculator to understand how your money can grow over time: https://www.nerdwallet.com/calculator/savings-calculator   In their conversation, the Nerds discuss: budgeting irregular income, budgeting tips, managing large paychecks, stopping bad habits, New Year financial resolutions, irregular income planning, budgeting apps, emergency savings, high-yield savings accounts, expense tracking, stopping mindless spending, cutting unnecessary expenses, sustainable spending habits, budgeting with fluctuating income, zero-based budgeting, cash stuffing, money-saving goals, personal finance for freelancers, budgeting for grad students, tips for budgeting with irregular pay, managing seasonal income, saving for large expenses, and breaking bad money habits. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, January 02, 2025

Regret Less, Save More: How to Make Smarter Money Moves in 2025

Learn how to tackle financial regrets, set achievable money goals, and make 2025 your best year financially. How can you avoid repeating your biggest financial regrets this year? What are simple steps to improve your savings and spending habits? Hosts Sean Pyles and Sara Rathner discuss financial regrets and practical resolutions to help you take control of your money in 2025, beginning with a discussion of top financial regrets from 2024. Then, Sara talks to NerdWallet Senior Economist Elizabeth Renter about strategies for creating achievable money goals and overcoming common financial missteps. They share tips for mindful spending, setting boundaries for entertainment and dining budgets, and building habits that improve your credit score. Use NerdWallet’s free savings calculator to understand how your money can grow over time: https://www.nerdwallet.com/calculator/savings-calculator   In their conversation, the Nerds discuss: financial regrets, how to avoid financial regrets, money goals for 2025, saving tips, budgeting tips, how to budget better, spending habits, improving credit score, automating savings, financial goals, dining out budget, entertainment budget, setting financial boundaries, avoiding overspending, saving for emergencies, saving for financial goals, improving credit utilization, tracking expenses, mindful spending, managing credit cards, financial planning, New Year’s money resolutions, saving on groceries, setting savings goals, avoiding debt, credit score improvement tips, staying out of debt, financial resolutions, credit card tips, spending wisely, financial health, financial planning tips, creating a budget, setting money goals, saving money consistently, and staying financially healthy. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, December 30, 2024

Live Financial Planning Session: Expert Budgeting and Spending Tips

Hear an actual financial planning session where a CFP advises a listener on transforming her budget and spending habits. Magda Doemeny, a certified financial planner from the NerdWallet Advisors platform, gives a listener specific advice to improve their finances (advice given on behalf of Nerdwallet Advisors, not NerdWallet). Brinker, the listener, is struggling with spending habits that she calls “irresponsible” and  how to manage some of her debt. She discusses her upbringing, financial challenges, and goals while Magda offers insights and strategies to help her improve her finances. The episode delves into methods for tracking spending habits, setting financial goals, and developing better money management practices to achieve financial stability. Magda also guides Brinker on creating a budget, prioritizing debt repayment, and implementing behavioral changes to curb impulsive spending.  As mentioned by Sean, here is NerdWallet’s list of the best high-yield savings accounts: https://www.nerdwallet.com/best/banking/high-yield-online-savings-accounts   ​​ NerdWallet Advisory LLC (dba NerdWallet Advisors) is an SEC-registered investment advisor, and wholly owned subsidiary of NerdWallet, Inc. The advice provided in this episode of Smart Money was for illustrative purposes only and not intended as financial or investment advice specific to your personal facts or circumstances. In their conversation, the Nerds discuss: financial planning session, budgeting, debt management, savings, spending habits, financial goals, high yield savings accounts, ways to curb spending habits, financial planning session, how to manage debt effectively, strategies for paying off credit card debt, how to curb spending, budgeting apps, Uber Eats, Uber habits, splurging, what it’s like working with a financial advisor, impulse buying, lifestyle creep, money mindset, spending habits, financial goals, and actionable financial strategies.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, December 26, 2024

Net Worth and Chill: How Your Wealth Measures Up and Vivian Tu’s Tips for Financial Success

Learn how to assess your net worth, compare it wisely, and build a financial strategy to meet your long-term goals. What is net worth, and how do you calculate it? How can you use it as a tool to set realistic financial goals? Hosts Sean Pyles and Sara Rathner discuss how to define and calculate net worth, why it’s normal to have a low or negative net worth in your 20s, and how it evolves over time. They begin with a discussion of why net worth matters, with tips and tricks on assessing your current assets and liabilities, identifying realistic financial benchmarks, and staying focused on personal goals instead of comparisons. Charlene, a listener from Texas, joins Sean and Sara to discuss comparing net worth to peers and using it as a motivational tool. They discuss how benchmarks vary by age and location, the difference between averages and medians, and practical ways to build wealth through strategic saving, retirement planning and investments. Charlene also shares her disciplined approach to saving and her aspirations for financial independence and an early retirement, and how net worth relates to her progress towards achieving her goals. Sean and Sara address the concept of net worth beyond just 401(k) balances and the potential pressure of societal expectations on financial milestones, with information that could serve as a guide for listeners aiming for similar goals. Then, podcaster, social media influencer, and author Vivian Tu, also known as "Your Rich BFF," joins Sean to discuss wealth-building through passive income and active career decisions. They discuss the importance of making your money work for you, the psychological barriers to seeking higher income, and the significance of securing a meaningful raise or position shift every two years. She shares her insights on transitioning from Wall Street to digital media, democratizing financial knowledge, and cultivating a mindset for wealth accumulation.  Average net worth by age: how do you compare? https://www.nerdwallet.com/article/finance/average-net-worth-by-age   In their conversation, the Nerds discuss: net worth calculator, how to calculate net worth, financial goals, comparing net worth, personal finance tips, saving for retirement, building wealth, assets and liabilities, financial health, financial planning, budgeting, emergency fund, retirement accounts, 401k savings, net worth benchmarks, wealth management, financial independence, passive income strategies, high-yield savings accounts, investment accounts, debt payoff, early retirement, net worth by location, financial comparisons, money mindset, wealth accumulation, understanding net worth, financial success, personal finances in your 20s, financial security, how to save money, financial tools, paying off loans, money management, financial literacy, persona

Mon, December 23, 2024

Deck the Bills: Smart Spending and Credit Tips for the Holidays

Learn how to avoid holiday shopping pitfalls and quickly improve your credit, with ideas for restoring your credit. How can you avoid overspending during the holidays? How can you can help your credit score recover after missed payments? Can rental payments be reflected on your credit reports? Hosts Sean Pyles and Sara Rathner discuss optimizing your financial habits during the holiday season and overcoming credit mishaps that could show up on your credit report. They begin with a discussion of impulsive holiday shopping, providing tips for intentional spending, minimizing waste, and prioritizing experiential gifts over material items. Then, NerdWallet credit writer Amanda Barroso joins Sean and Sara to discuss actionable strategies to help your credit score recover, including writing goodwill letters, disputing errors with credit bureaus, and improving payment consistency. They also explain how renters can report on-time payments to credit bureaus with free and low-cost services, tools like Experian Boost, and the importance of credit freezes for families. Missed a payment? Try writing a goodwill letter to remove it from your credit report. Here’s NerdWallet’s article on how to do it, along with a sample goodwill letter: https://www.nerdwallet.com/article/finance/goodwill-letter How to dispute credit report errors: https://www.nerdwallet.com/article/finance/dispute-credit-report    Real ways to improve your credit fast: https://www.nerdwallet.com/article/finance/raise-credit-score-fast   NerdWallet’s guide to rent-reporting services: https://www.nerdwallet.com/article/finance/rent-reporting-services   Here is a downloadable letter you can print and complete to send to TransUnion to request that they freeze your child’s credit: https://www.nerdwallet.com/assets/blog/wp-content/uploads/2019/09/TransUnion_credit-freeze_fill.pdf   In their conversation, the Nerds discuss: how to improve credit scores, rent payment credit reporting, credit utilization, goodwill letter for credit report, holiday shopping tips, sustainable holiday spending, credit freeze for children, building credit with rent, free rent reporting services, how to dispute credit report errors, intentional spending habits, credit reporting tools, credit repair strategies, holiday budget tips, protecting your credit, identity theft prevention, actionable credit repair tips, credit myths busted, low-cost credit building tools, affordable rent reporting

Thu, December 19, 2024

Crush Debt or Grow Investments? How to Make the Best Choice for You

Learn how to tackle credit card debt, build savings, and decide between debt payoff and investing for financial growth. How can you pay off credit card debt faster and smarter? When should you prioritize paying off debt over investing your money? Hosts Sean Pyles and Sara Rathner discuss credit card payoff strategies and building an emergency fund to help you strengthen your financial security. They begin by talking to Adam, a Smart Money listener, who has questions about what to do with a windfall. They discuss options for paying down high-interest credit card debt, with tips and tricks on using balance transfers wisely, automating payments and reducing financial stress. They also discuss whether to prioritize debt payoff, fund investments or save for other financial goals — before getting into strategies for balancing long-term retirement planning, managing 0% APR debt effectively, and enjoying life without derailing financial progress. Then, host Elizabeth Ayoola and NerdWallet debt writer Tiffany Curtis join Sean to answer a listener’s question about loan payoff strategies while deciding when it’s better to focus on investing versus debt repayment. They explore the pros and cons of the snowball and avalanche debt payoff methods, how to calculate returns from paying down debt versus investing, and strategies for multitasking financial goals to build a stronger financial future. In their conversation, the Nerds discuss: paying off credit card debt, prioritize debt or investing, snowball vs avalanche method, balance transfer tips, high-interest credit cards, emergency fund savings, how to pay off debt, investing vs paying debt, debt payoff strategies, personal finance tips, managing debt, 0% APR credit card, financial windfall tips, credit card debt help, debt-free planning, emergency fund tips, investing basics, save for retirement, Roth IRA strategies, 457 retirement plan, credit card payoff calculator, budgeting for savings, automating finances, debt-free goals, financial security tips, financial planning for families, saving for college, 529 plan benefits, high-yield savings accounts, avoiding credit card interest, tips for financial independence, and when to invest. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, December 18, 2024

Swindled or Safe? Improve Your Scam Awareness and Protect Your Finances

Learn how financial scammers exploit emotions and how you can protect your finances from their latest tactics. How can you protect your money from online scams? What steps can you take to safeguard yourself from financial deception? Hosts Sean Pyles and Anna Helhoski delve into the harrowing tale of Judith, a 79-year-old who fell victim to a sophisticated scam that led to the loss of nearly $600,000. Joined by Michelle Singletary, a personal finance columnist for the Washington Post, they unravel the tactics scammers use to prey on emotions and trust, emphasizing the importance of awareness and empathy in scam prevention. Then, Sean and Anna break down recent financial headlines, including updates on the Federal Reserve's interest rate decisions, the Consumer Financial Protection Bureau's new rule on overdraft fees, and the halted merger between Albertsons and Kroger.  We're off next week, but you can follow our latest coverage on NerdWallet's financial news hub: https://www.nerdwallet.com/h/news/financial-news   In their conversation, the Nerds discuss: scam prevention, online scams, phone scams, scam awareness, financial fraud, scammer tactics, protecting your savings, scam victims, scammer manipulation, scam warning signs, elderly scam victims, scam support, scam protection tips, FBI impersonation scam, financial security, bank manager intervention, scam victim recovery, fraud prevention, scam prevention strategies, protecting retirement savings, scam red flags, scam recovery, scam education, online fraud, scam prevention awareness, and scam victim advocacy. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, December 16, 2024

End-of-Year IRA Fixes Before Tax Time: Roth Contribution and Correction Strategies

Discover how to embrace “lazy” money management, maximize Roth IRA contributions and fix over-contribution mistakes. How can you passively grow your money? What should you do if you over-contribute to a Roth IRA? Hosts Sean Pyles and Sara Rathner discuss lazy money-management strategies and Roth IRA over-contribution fixes to help you stay on top of your finances with minimal effort. They begin with a discussion of "lazy" personal finance tips, with actionable advice on automating investments, leveraging savings buckets, and using target-date funds for hands-off financial growth. Then, investing expert Sam Taube joins Sara and co-host Elizabeth Ayoola to discuss managing Roth IRA contributions, especially for those who may have over-contributed. They explore strategies to fix over-contributions, steps for setting up a backdoor Roth IRA, and how to maximize retirement contributions before tax deadlines. Find your next Roth IRA account on our Investing Nerds’ list of the best Roth IRA accounts: https://www.nerdwallet.com/best/investing/roth-ira-accounts   See how your savings and investment account balances can grow with NerdWallet’s free compound interest calculator: https://www.nerdwallet.com/calculator/compound-interest-calculator   Here is the IRS’ guide on the amount of Roth IRA contributions that you can make for 2024: https://www.irs.gov/retirement-plans/plan-participant-employee/amount-of-roth-ira-contributions-that-you-can-make-for-2024   In their conversation, the Nerds discuss: lazy money management, Roth IRA over-contribution, backdoor Roth IRA, automating investments, savings buckets, target-date funds, passive investing, retirement contributions, dollar-cost averaging, financial autopilot, how to fix Roth IRA over-contributions, Roth IRA contribution limit, personal finance podcast, investment mistakes, investing for beginners, retirement planning, retirement savings, tax penalties on Roth IRAs, how to manage finances, savings accounts strategy, budgeting tips, financial organization, avoiding Roth IRA penalties, fixing retirement account errors, best investment strategies, personal finance tips, financial independence, smart money management, lazy ways to save money, easy investment strategies, financial automation, retirement fund mistakes, high-yield savings accounts, joint accounts vs individual accounts, managing childcare expenses, CFP financial advice, IRA custodians, tax filing tips, maximizing retirement contributions, financial stress relief. To send the Nerds your money questions, call or text the Nerd hotline at 901-730

Thu, December 12, 2024

Cash or Mortgage? Navigating Home Equity and Title Agency Shopping

Learn how to think about major homebuying decisions like shopping for title agencies, managing home equity, and when to buy a house with cash. How do you choose the right title agency for your home purchase? Should you buy a house outright with your savings or take on a mortgage? Hosts Sean Pyles and Sara Rathner discuss the pros and cons of these key housing decisions to help you make smarter choices. They’re joined by housing Nerd Kate Wood to demystify title agencies, offering tips on what they do, how much they cost, and why most buyers don’t shop around for them. Then, they discuss the risks and benefits of tapping into home equity or using savings to buy a house outright. They explore strategies for weighing mortgage options, the importance of maintaining an emergency fund, and balancing emotional and financial goals when purchasing a home. In their conversation, the Nerds discuss: how to choose a title agency, title agency costs, home buying tips, home equity pros and cons, buy a house with cash, 30-year vs 15-year mortgage, home buying process, choosing a mortgage lender, title insurance explained, cash-out refinance risks, second mortgage benefits, HELOC vs home equity loan, using savings to buy a house, renting vs buying a home, home maintenance costs, decision fatigue home buying, choosing a home inspector, refinancing a mortgage, landlord responsibilities, real estate investment risks, rental property tips, financial planning for homeowners, managing multiple mortgages, budgeting for home repairs, lender requirements for second homes, emergency fund for homeowners, homeownership costs, advantages of 30-year mortgages, housing market advice, personal finance for homeowners, home loan options, home equity risks, leveraging home equity, and financial planning for buying a house. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, December 11, 2024

Buy Now, Regret Later? Decoding BNPL and Layaway Payment Plans

Learn the pros and cons of layaway and Buy Now, Pay Later (BNPL) and how to choose the best option for holiday shopping. What is the difference between layaway and Buy Now, Pay Later (BNPL)? Which payment option is better for holiday shopping? Hosts Sean Pyles and Anna Helhoski discuss these two financing tools, how they work, and which might be the smarter choice for holiday shopping. Lauren Schwahn, a writer at NerdWallet who covers credit, debt, budgeting and money, joins Sean and Anna to break down the basics of layaway and BNPL, highlighting differences in payment timing, access to purchased items, and impact on credit. They also discuss when you’ll receive your item, the repayment timelines, potential fees for missed payments. why BNPL appeals to Gen Z, and how either option can fit into a shopper’s financial strategy. Plus: tips for avoiding pitfalls with BNPL, such as setting payment reminders and avoiding multiple loans. Then, Sean and Anna break down this week’s money headlines, including the latest jobs report, the CFPB’s crackdown on illegal junk fees, and the rise of market timing among investors. There are a lot of ways to invest money — high-yield savings accounts, CDs, bonds, funds and stocks are all options. To learn more, read NerdWallet's writeup on the best ways to invest money right now: https://www.nerdwallet.com/article/investing/the-best-investments-right-now   In their conversation, the Nerds discuss: buy now pay later, BNPL pros and cons, layaway vs BNPL, holiday shopping tips, budget-friendly shopping, buy now pay later risks, layaway payment plans, how BNPL works, shopping on a budget, avoiding holiday debt, payment plan comparison, layaway benefits, BNPL for Gen Z, holiday financing tips, budgeting for big purchases, holiday shopping savings, credit impact of BNPL, layaway financing, BNPL fees, installment payment plans, choosing BNPL or layaway, holiday gift financing, Klarna, Afterpay guide, Affirm payment plans, layaway history, BNPL for beginners, managing BNPL loans, credit card vs BNPL, smart financing options, how to use layaway, BNPL payment reminders, financing options for gifts, and understanding BNPL terms. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, December 09, 2024

Smart Mortgage Strategies: From Refinancing to HELOC

Learn how to refinance your mortgage, manage credit card debt, and navigate home equity with practical tips and strategies. When is the right time to refinance a mortgage? How can you use a HELOC or home equity to your advantage? Hosts Sean Pyles, freshly returned from time off to focus on the CFP exam, and Sara Rathner discuss mortgage refinancing, home equity, and credit card debt management to help you make smarter financial decisions. But first, they share an update on Sean’s CFP journey and discuss what to do about recent changes in interest rates, including how they may impact your finances and how you can proactively respond to them. Then, mortgage Nerd Kate Wood joins Sean and Sara to discuss mortgage refinancing, sharing tips on determining the best time to refinance, understanding the costs, and calculating the break-even point. They also discuss HELOCs and home equity, exploring when to lock in a HELOC rate, the difference between paying down and paying off a HELOC, and practical ways to decide whether a HELOC or refinance is the better choice for your situation. Learn more about refinancing a car loan in NerdWallet’s writeup here: https://www.nerdwallet.com/article/loans/auto-loans/how-to-refinance-your-car-loan Use NerdWallet’s free mortgage refinance calculator to determine if refinancing can help you achieve your financial goals: https://www.nerdwallet.com/calculator/refinance-calculator To help you choose among mortgage lenders, NerdWallet’s editorial team has picked some of the best in a variety of categories to help you find the home loan that's right for you: https://www.nerdwallet.com/best/mortgages/mortgage-lenders    In their conversation, the Nerds discuss: interest rates, mortgage refinancing, mortgage refinance calculator, HELOC vs refinance, CDs, home equity loan, refinance costs, refinance tips, refinance break-even point, HELOC rate lock, HELOC payoff, refinancing options, how to refinance your mortgage, refinancing costs, refinancing calculator, mortgage tips, HELOC draw period, refinancing with low equity, credit card payoff strategies, refinancing pros and cons, refinancing 101, mortgage refinance tips, home equity explained, refinancing vs HELOC, mortgage interest rates, refinancing advice, HELOC tips, home equity advice, refinancing myths, how to save on refinancing, mortgage payment calculator, home equity tips, refinancing calculator tips, refinancing interest rates, managing credit card debt, debt payoff strategies, refinancing strategies, HELOC strategies, and what is a home equity line of credit. To send the Nerds your money questions, call or text the

Thu, December 05, 2024

How You Could Grow $26K to $44K in 7 Years: Smart Strategies to Try

Learn how to diversify investments, leverage tax-advantaged accounts, and set realistic goals for long-term financial growth. How can you diversify your investment portfolio and reduce risk? What are the best ways to save and grow $44,000 in seven years? Hosts Sean Pyles and Sara Rathner discuss investment strategies and realistic goal setting to help you make smarter financial decisions. They begin by sharing a discussion of tax-advantaged accounts featuring Investing Nerd Alana Benson, with tips and tricks on understanding Roth IRAs and 401(k)s, leveraging employer matching, and choosing the right accounts for your needs. Alana also discusses how you can diversify investments for stability, why index funds can reduce risk, and the importance of knowing your timeline for financial goals. Then, Sean and Sara are joined by their co-host Elizabeth Ayoola to answer a listener’s question about how they can grow their investment portfolio to save $44,000 in seven years. The hosts explore strategies for diversifying investments, managing risk, and setting realistic financial goals, providing actionable advice on using tools like index funds, robo-advisors, and high-yield savings accounts. They also discuss the risks of undiversified portfolios and how to align investments with specific timelines and goals. Use NerdWallet’s free investment calculator to estimate how much your investments or savings will compound over time, based on factors like how much you plan to save or invest, your initial deposit and your expected rate of return: https://www.nerdwallet.com/calculator/investment-calculator   In their conversation, the Nerds discuss: how to diversify investments, investment risk management, Roth IRA vs traditional IRA, compound interest, index funds vs ETFs, tax-advantaged accounts, high-yield savings accounts, how to start investing, passive vs active investing, portfolio diversification, stock market basics, understanding 401(k) matching, investment calculators, robo-advisors, benefits of ETFs, how to manage investment risks, tax benefits of retirement accounts, how to set financial goals, saving for retirement tips, investment timeline strategies, benefits of index funds, investing in the S&P 500, how to balance risk in investments, savings account vs investment, building an emergency fund, how to invest with a 7-year timeline, tips for financial planning, saving vs investing, maximizing returns in a short timeframe, avoiding familiarity bias in investing, pros and cons of day trading, why passive investing works, realistic investment goals, investment options for beginners, risk of single-stock investments, and compound interest benefits for young investors. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email <a href="mailto:podcast@nerdwallet.co

Wed, December 04, 2024

Tariff Talk: What Trade Policies Could Mean for Your Budget

Learn how tariffs affect prices, inflation, and manufacturing, plus tips to prepare for potential new economic changes. What are tariffs, and how do they affect your wallet? What would President-elect Donald Trump’s proposed tariffs mean for consumers, the economy, and inflation? Hosts Sean Pyles and Anna Helhoski dive into the complexities of tariffs, unpacking their potential impact on prices, supply chains, and domestic manufacturing. They begin with a breakdown of what tariffs are, why they exist, and how they’ve historically influenced U.S. trade policy. Along the way, they share insights on navigating rising costs, understanding the global supply chain, and the inflationary effects of tariffs. In the second half of the episode, Sean and Anna cover the latest money headlines, including trends from Black Friday and Cyber Monday spending, predictions for a potential “Santa Claus rally” in the stock market, and a new survey revealing Americans’ views on financial success.  8 Last-Minute Christmas Vacations to Book in the U.S. https://www.nerdwallet.com/article/travel/christmas-travel-destinations   In their conversation, the Nerds discuss: what are tariffs, how tariffs work, tariffs and inflation, Trump tariff plans, supply chain tariffs, inflation and tariffs, trade policy impact, tariffs on imported goods, global supply chain issues, consumer price increases, manufacturing tariffs, economic impact of tariffs, U.S. trade policy, Black Friday spending trends, Santa Claus rally stock market, tariffs on Canada Mexico China, global trade tariffs, tariffs and manufacturing, economic inflation causes, tariff history in the U.S., import taxes, Trump trade policies, price increases on goods, supply chain disruptions, manufacturing challenges, economic recession fears, holiday spending trends, U.S. exports, and international trade. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, December 02, 2024

Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

Learn how to maximize Southwest Companion Pass benefits and how to plan effective charitable giving to make your donations count. How can you get and use the Southwest Companion Pass? What’s the best way to plan charitable giving to make the most impact? Hosts Sean Pyles and Sara Rathner discuss travel savings and effective philanthropy to help you understand how to maximize rewards and make thoughtful donations. Sean begins by talking to travel Nerds Meghan Coyle and Sally French to discuss the Southwest Companion Pass, with tips and tricks on earning it through points and flights, timing it for maximum value, and using it strategically for travel savings. Then, Sean and Sara talk to Grace Nicolette, Vice President at the Center for Effective Philanthropy, about planning and optimizing your charitable giving. They discuss how to align donations with personal goals, avoid common pitfalls like over-focusing on nonprofit overhead costs, and ensure your contributions have a meaningful impact. More information on how to earn the Southwest Companion Pass and which credit cards might help you earn it: https://nerdwallet.com/southwest . In their conversation, the Nerds discuss: Southwest Companion Pass strategy, charitable giving tips, holiday travel tips, maximizing travel rewards, effective philanthropy, Giving Tuesday ideas, Southwest Airlines perks, earning travel points, best travel credit cards, Companion Pass requirements, year-round giving strategies, maximizing donations, family travel savings, tax-deductible donations, nonprofit giving tips, planning holiday flights, Companion Pass benefits, travel rewards strategies, frequent flyer perks, credit card offers, holiday travel deals, donor best practices, saving on flights, using credit card rewards, domestic travel discounts, maximizing nonprofit impact, and credit card signup bonuses. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, November 28, 2024

From Eggflation to Ghost Jobs: Roasting 2024’s Biggest Financial Turkeys

Celebrate 2024’s Financial Turkeys as we spotlight the year's biggest money blunders and share tips to avoid them yourself. Why are grocery prices so high in 2024? What are ghost jobs and how do they affect job seekers? Hosts Sean Pyles and Sara Rathner roast the year’s “Financial Turkeys” (pun intended), spotlighting the biggest money misfortunes of 2024 and offering listeners a chance to commiserate over shared financial frustrations. They share their own takes on this year’s financial flops and invite listeners to reflect on how these issues have affected their lives, turning financial woes into a shared laugh or sigh of relief. Sign up for your free credit score and get credit-building insights personalized to you when you register at https://nerdwallet.com .  In their conversation, the Nerds discuss: grocery inflation, ghost jobs, rising food prices, fake job postings, job market trends, financial blunders, job hunting frustrations, eggflation, financial commiseration, high grocery costs, job market challenges, fake job ads, grocery shopping struggles, and rising costs of food. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, November 27, 2024

Santa’s New Helper: How AI Can Help You Wrap Up Your Holiday Shopping

Learn how AI tools can help you brainstorm personalized gift ideas, compare options, and simplify your holiday shopping. How can AI help you save time and money? Should you trust AI for gift-giving advice? Hosts Tess Vigeland and Anna Helhoski explore how artificial intelligence tools like ChatGPT can streamline holiday shopping. Joined by NerdWallet experts Amanda Barroso and Kurt Woock, they offer actionable tips for integrating AI into your shopping routine while staying cautious about its limitations. They discuss how AI can generate gift ideas tailored to your budget and preferences, provide practical starting points for decision-making, and even organize comparisons in easy-to-read formats. In addition to the AI discussion, Tess and Anna recap the latest financial headlines, including the upcoming Black Friday Amazon worker strikes, the surprising drop in Thanksgiving dinner costs this year, and a rise in existing home sales as mortgage rates decline.  In their conversation, the Nerds discuss: holiday shopping, AI shopping tools, Black Friday shopping, shopping with ChatGPT, using ChatGPT for holiday gift ideas, AI gift recommendations, online shopping, Christmas shopping, holiday sales, AI-generated gift ideas, personalized gift ideas, AI holiday planning, smart shopping with AI, time-saving holiday tips, and AI-driven gift ideas. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, November 25, 2024

Boost Your Income and Career: Negotiating Salary, Navigating Promotions and More

Discover career growth strategies to boost your income, including negotiating raises, and navigating career growth and mentorship. What are some of the best ways to increase your income?  What are strategies for negotiating a higher salary and excelling in your current role?  Hosts Sean Pyles and Alana Benson discuss career growth techniques and salary negotiation strategies to help you understand how to maximize your earnings and achieve financial stability. They begin with a discussion of the importance of increasing your income rather than solely focusing on cutting expenses, breaking down the long-term financial difference that seemingly small increases in your income can make over the course of your career.  Then, “The Job Doctor” Tessa White joins Alana to discuss how to excel in your current role and position yourself for promotions and raises within an organization. They discuss the necessity of understanding the true expectations of your role, measuring your contributions through tangible metrics and effectively communicating your value to your organization. Additionally, they explore the importance of informal mentorship and how to enhance your skills by observing and learning from those who excel in specific areas. In their conversation, the Nerds discuss: career strategies, income potential, salary negotiation, financial stability, career growth, job market, financial future, career success, career advancement, career coaches, raise negotiations, job offers, informal mentorship, skill enhancement, job promotion, financial goals, earnings increase, career metrics, value proposition, workplace visibility, career mentors, market value, career coach, industry experience, job stability, promotion strategies, income jump, salary bump, corporate growth, financial planning, income investment, and company red zones. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, November 21, 2024

Maximizing Employer-Provided Perks: A Guide to Your Benefits

Understand employer-provided benefits, from dental and vision coverage to more unique perks like legal assistance. In the third and final episode of our special series on open enrollment, hosts Sean Pyles and Liz Weston discuss the various benefits that employers offer during open enrollment season aside from health insurance. Liz speaks with Amber Clayton (Society for Human Resource Management) about dental and vision coverage, long-term care insurance, pet insurance, legal assistance, adoption assistance, gym memberships, mental health benefits, and more.  They offer tips for preparing for open enrollment and provide statistics on how common it is for certain benefits to be offered. In their conversation, the Nerds discuss: employer-provided benefits, benefits packages, Society for Human Resource Management (SHRM), open enrollment season, dental coverage, vision coverage, ACA Marketplace, healthcare.gov, supplemental coverage, long-term care options, gym memberships, mental health benefits, employee benefits, pet insurance, in-network providers, health insurance, dental and vision insurance, financial planning, legal assistance, employee assistance programs, financial wellness, tuition assistance, adoption assistance, student loan reimbursements, 529 plan payroll deductions, company swag, free snacks, matching charitable contributions, and employee retention and recruitment. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, November 20, 2024

Prediction Markets Let You Bet on Just About Anything — But There Are Risks

Learn how prediction markets work, the legal gray areas in which they operate, and how they could be regulated in the future. What are prediction markets like PredictIt, Polymarket and Kalshi, and how do they work? Is it legal to bet on elections in the United States? Hosts Tess Vigeland and Anna Helhoski welcome Sam Taube, the writer of the Nerdy Investor email newsletter, to break down how event contracts operate, explore the legal gray areas of election betting, and discuss whether prediction markets are a smart financial move—or just gambling in disguise. Then, Tess and Anna break down this week’s money headlines, including the latest inflation figures and what they mean for interest rates, the CFPB’s plan to enforce new click-to-cancel subscription rules, and Spirit Airlines’ Chapter 11 bankruptcy filing. In this episode, the Nerds discuss: how prediction markets work, betting on elections, event contracts explained, investing vs gambling, election betting legality, gambling vs investing, Commodity Futures Trading Commission, event contracts legality, prediction market regulation, prediction markets news, event contracts explained simply, and Consumer Price Index. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, November 18, 2024

Online Banking vs Neobanks: Understand FDIC Safety and Protect Your Money

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. In this episode:  Learn how to distinguish neobanks from traditional banks, understand FDIC insurance, and get tips for affordable holiday hosting. What is the difference between a neobank and a traditional bank? Is my money safe in an online bank or neobank? Hosts Sean Pyles and Sara Rathner discuss how to distinguish a neobank from a traditional bank and ways to safeguard your savings, helping you understand what to look for in financial institutions. But first, they begin with a discussion of affordable holiday hosting, with tips and tricks on hosting a potluck, budgeting for extra food, and setting boundaries with overnight guests. Then, NerdWallet banking expert Spencer Tierney joins Sean and Sara to discuss the ins and outs of online banks and neobanks. They discuss how FDIC insurance works, what to look for in a neobank’s fine print, and the potential risks of using a neobank. Check o ut this episode on your favorite podcast platform, including: Apple Podcasts Spotify NerdWallet stories related to this episode: 8 Best Online Checking Accounts of 2024 How to Open a Bank Account Online in 4 Steps Best Free Checking Accounts of 2024 Have a money question? Text or call us at 901-730-6373. Or you can email us at podcast@nerdwallet.com . To hear previous episodes, go to the podcast homepage.

Thu, November 14, 2024

Preparing for Worst-Case Scenarios: Choosing the Right Insurance Policy to Protect Your Income

It's open enrollment season, and a great time to explore coverage options to protect your income, such as life insurance and disability insurance. Hosts Sean Pyles and Liz Weston discuss the importance of insurance coverage, highlighting statistics around how many people are underinsured or lack adequate coverage. To dive deeper into different types of coverage, Liz welcomes Insurance Nerd Ryan Brady and John Ryan, founder and CEO of Ryan Insurance Strategy Consultants, to explain various types of insurance. In this episode, they talk about life insurance, accidental death and dismemberment insurance (AD&D) insurance, and disability insurance, and explore the nuances of employer-provided life insurance and supplemental insurance. Plus: the complexities of disability insurance, comparing short-term and long-term coverage, and the interplay between employer-provided disability insurance, individual disability insurance, workers' compensation, and Social Security.  Use NerdWallet's free life insurance calculator to figure out how much life insurance you need: https://www.nerdwallet.com/article/insurance/how-much-life-insurance-do-i-need In their conversation, the Nerds discuss: life insurance, disability insurance, workplace benefits, financial needs, income protection, supplemental insurance, accidental death and dismemberment insurance (AD&D), disability coverage, short-term disability, long-term disability, employer-provided disability insurance, choosing an insurance policy, workers' compensation, Social Security, insurance complexities, income safeguards, accidental death insurance, dismemberment insurance, critical illness insurance, hospital indemnity coverage, and pre-existing conditions clauses. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, November 13, 2024

Navigating Life Insurance Choices: Investing, Variable Policies, and Financial Growth

Explore life insurance as an investment tool, understand variable and infinite banking, and consider complex insurance choices. What’s the right life insurance policy for you? What is “infinite banking” and how hard is it to set up? Hosts Sean Pyles and Sara Rathner discuss the intricacies of life insurance as both a protective measure and a financial instrument to help you understand its potential for investment and financial growth. NerdWallet insurance pro Lisa Green joins Sean and Sara to explain term life insurance and more complex life insurance options, such as variable life insurance, and the concept of “infinite banking.” They discuss the nuances of investing extra money into the cash value of a permanent life insurance policy, highlighting guaranteed interest rates versus market risks, and who might benefit from these types of policies. Additionally, they delve into the infinite banking concept, explaining how it works, the financial discipline it requires, and potential pitfalls. This episode is designed to help listeners navigate their life insurance choices and create a balanced financial plan. In their conversation, the Nerds discuss: term life insurance, permanent life insurance, life insurance investment, life insurance premiums, variable life insurance, infinite banking, cash value life insurance, life insurance strategies, life insurance options, term vs permanent life insurance, life insurance costs, life insurance benefits, financial planning, life insurance risks, borrowing against life insurance, financial growth, investing in life insurance, high-yield investments, insurance market risks, life insurance for smokers, funeral expense insurance, and financial security. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, November 11, 2024

Trump’s Economic Playbook: Get Clarity on Inflation, Taxes, and More

Learn how Donald Trump's economic plans could influence inflation, taxes, and your finances as he prepares to enter a second term in office. How will Donald Trump's economic policies affect inflation and prices? What impact could Trump's tax plans have on Americans’ finances? In a special edition of Money News, hosts Tess Vigeland and Anna Helhoski dive into the financial implications of President-elect Donald Trump's return to the White House. They unpack Trump's proposed economic agenda, covering key areas like inflation, tariffs, taxes, and interest rates, and examine what these could mean for the American economy and your wallet. They also discuss what his policies on energy production, housing, and immigration could mean for your finances. Stay up to date with the latest financial news from NerdWallet: https://www.nerdwallet.com/h/news/financial-news   In today’s episode, the Nerds discuss: Trump economic policies, Trump inflation plan, Trump tax cuts, taxes, Trump tariffs,Trump interest rates, Trump and the Federal Reserve, inflation under Trump, Trump fiscal policy, tax cuts under Trump, how tariffs could impact consumers, Trump financial promises, economic impact of Trump policies, how tariffs affect prices, Trump credit card interest cap, consumer prices, and fiscal policy changes in the US. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, November 07, 2024

Open Enrollment: Choosing a Healthcare Plan (HMO, PPO, FSA, HSA, HDHP and More)

Expert Nerds talk through the complexities of open enrollment, starting with ways to assess healthcare plans and costs. This episode takes a deep dive into specific terminology and scenarios relevant to choosing health insurance coverage. Hosts Sean Pyles and Liz Weston start with an overview of open enrollment period timelines for November and December 2023 before welcoming guest Nerd Kate Ashford to explain deductibles, premiums, HMOs, PPOs and HDHPs.  Then, NerdWallet’s Tina Orem joins the show to discuss the pros and cons of high deductible plans and the intricacies of Health Savings Accounts (HSAs) and both Medical and Dependent Care Flexible Spending Accounts (FSAs). In the second half of this episode, she zeroes in on selecting optimal health insurance for individual needs, discussing the merits and disadvantages of different health plans, budgeting for healthcare, and how to compare the benefits of an FSA and an HSA. In their conversation, the Nerds discuss: open enrollment, health insurance options, healthcare choices, high deductible plans, premiums, health savings accounts (HSAs), flexible spending accounts (FSAs), optimal health insurance, HMOs, PPOs, HDHPs, health insurance budgeting, FSA vs HSA, the use it or lose it rule, health insurance decision-making, health insurance terminology, healthcare strategies, health plan selection, medical costs, and types of health insurance coverage. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, November 06, 2024

Life Insurance as an Investment? We Fact-Check the TikTok Trend

Learn why life insurance isn't a substitute for a 401(k) and how to spot reliable financial advice on social media. Is life insurance a better investment than a 401(k) for retirement? How can I tell if financial advice from TikTok influencers is reliable? Hosts Tess Vigeland and Anna Helhoski dive deep into the latest viral finance advice circulating on TikTok. With influencers claiming that life insurance is a better investment than a 401(k), investing Nerd Alana Benson joins the show to break down the facts. She explains the critical differences between life insurance policies and retirement accounts like 401(k)s, debunks false claims from influencers, and highlights hidden fees and conflicts of interest that you may miss when seeing financial trends in your social media feed.  In addition to the TikTok trend, Tess and Anna cover some of the latest money headlines, including the GDP growth report for Q3, the October jobs report, and upcoming decisions from the Federal Reserve on interest rates.  Here are NerdWallet's top picks for whole life insurance policies: https://www.nerdwallet.com/article/insurance/find-best-whole-life-insurance Anxious about the election? Find our special series on how presidential policy could impact your finances at https://nerdwallet.com/podcast In this episode, the Nerds discuss: life insurance vs 401k, TikTok finfluencers, life insurance investment, 401k vs life insurance investing, personal finance tips, retirement planning, social media influencers in finance, financial advice on TikTok, life insurance pros and cons, 401k benefits, how to choose life insurance, spotting bad financial advice, avoiding bad financial advice, financial mistakes to avoid, is life insurance a good investment, TikTok finance myths, financial advice for millennials, and whole life insurance. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, November 04, 2024

Retirement Rollover Ready? Rules, Risks, and Rewards of 401k and IRA Transfers

Learn the pros, cons, and methods of rolling over retirement accounts to simplify your finances so you can avoid costly mistakes. How can you budget smarter for the holidays? Does it make sense to combine retirement accounts from previous jobs into one? What are the benefits and drawbacks of different rollover options? Hosts Elizabeth Ayoola and Sara Rathner begin the episode with a discussion of holiday budgeting, offering tips and tricks on avoiding impulsive spending, setting clear financial priorities, and the importance of delayed gratification. Then, hosts Sean Pyles and Sara Rathner discuss retirement account rollovers and key considerations to help you streamline your retirement savings and avoid penalties. They begin with a discussion of rollover basics, with tips on direct vs. indirect rollovers, how to avoid unexpected costs, and how to choose between an IRA and a Roth IRA. Credit Card Nerd Jae Bratton joins Sean and Sara to discuss her own experiences with retirement rollovers. They discuss the pros of consolidating accounts, the financial security it can offer, and how to choose the right investment options to suit your retirement goals. Interested in consolidating your old retirement accounts? Our investing writers broke down the best IRA accounts for hands-on or hands-off investors: https://www.nerdwallet.com/best/investing/ira-accounts And the best Roth IRA accounts categorized by online brokers or robo-advisors: https://www.nerdwallet.com/best/investing/roth-ira-accounts   In their conversation, the Nerds discuss: holiday budgeting, retirement rollovers, financial management, impulsive online shopping, retirement account rollovers, direct rollovers, indirect rollover, IRS penalties, Roth 401k, Roth IRA, 403b, traditional IRA, tax compatibility, retirement savings, financial priorities, budgeting tips, holiday spending mistakes, investment flexibility, IRA options, consolidating accounts, retirement planning, contribution limits, managing finances, budgeting strategies, simplifying retirement accounts, retirement account consolidation, and financial goals. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, October 31, 2024

Why Women Outperform When Investing — And How You Can, Too

Learn how women can excel at investing, overcome financial challenges, and build wealth with practical strategies. What does it mean to invest like a girl? How can women start investing and overcome financial challenges? Hosts Sean Pyles and Kim Palmer discuss gender differences in investing and practical strategies for women to build wealth. Kim interviews Jessica Spangler, author of Invest Like a Girl: Jump into the Stock Market, Reach Your Money Goals and Build Wealth , about the ways women tend to excel at investing, including taking time to make investment decisions, avoiding rash choices during market downturns, and focusing on long-term goals. They discuss strategies for eliminating high-interest debt, creating a budget that works for your lifestyle, and choosing the right mix of stocks and bonds for personal goals. In their conversation, the Nerds discuss: investing for women, how to invest, gender differences in investing, women and investing, investing for beginners, investing in stocks, building wealth, investing like a girl, stock market basics, financial literacy, sustainable investing, index funds, money management tips, compound interest, fractional shares, how to build wealth, stock market tips, investment portfolio, investing for the long term, long-term investing strategies, short-term financial goals, net worth calculation, and time horizons for investing. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, October 30, 2024

Gen Z, Millennials, Gen X, Boomers — Are You Spending Like Your Generational Peers?

Learn how your spending compares to others in your generation using insights from the Bureau of Labor Statistics’ annual Consumer Expenditure Survey. How does your spending compare to other people your age? Are you saving enough compared to others in your generation? Hosts Tess Vigeland and Anna Helhoski are joined by NerdWallet’s Senior Economist Elizabeth Renter to break down the latest Bureau of Labor Statistics Consumer Expenditure Survey. They dive into how income and spending patterns shift across generations, from Gen Z to the Silent Generation, and discuss average income peaks, the changing ratio of spending to income, and how generational differences in housing, healthcare, and food expenditures reflect larger economic trends. Enter your monthly after-tax income into NerdWallet's free budget calculator to create a suggested budget: https://www.nerdwallet.com/article/finance/nerdwallet-budget-calculator Then, Tess and Anna touch on key money headlines from the week, including updates to IRS tax brackets and deductions for 2025, the CFPB’s action against Apple and Goldman Sachs over Apple Card customer service failures, and the 50th anniversary of the Equal Credit Opportunity Act, which gave women the right to access credit without a man’s signature. In their conversation, the Nerds discuss: Bureau of Labor Statistics Consumer Expenditure Survey, generational spending habits, income-to-spending ratio, peak earning years, fixed income for retirees, healthcare spending by generation, food spending across generations, retirement savings trends, Gen Z spending habits, baby boomer financial challenges, millennials saving for retirement, housing costs by generation, transportation spending, food away from home trends, discretionary spending, debt in retirement, social security income, average income by age group, and generational wealth. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, October 28, 2024

How to Maximize Rewards on Big Credit Card Purchases

Get tips for saving money on Halloween costumes and decorations, plus how to leverage credit cards when making big purchases. How can you use credit cards to maximize rewards when making big purchases? What are some ways to save money on Halloween costumes? Hosts Sean Pyles and Elizabeth Ayoola discuss saving money on Halloween costumes and decorations to help you understand how to be festive without breaking the bank. They begin with a discussion of Halloween budgeting, with tips and tricks on DIY costume ideas, using cash back apps, and repurposing items you already have.  Then, Personal Finance Nerd Kim Palmer joins Sean and Elizabeth to discuss the best ways to use credit cards for major expenses. They discuss how to earn rewards while minimizing interest, ways to protect your credit score, and how to make use of a health savings account (HSA) for medical-related purchases. Cash back apps help you save a little bit of money on everyday purchases. Here’s NerdWallet’s list of 8 great cash back apps and why each stands out: https://www.nerdwallet.com/article/finance/cash-back-apps   Here’s NerdWallet’s list of the best budget apps: https://www.nerdwallet.com/article/finance/best-budget-apps   In their conversation, the Nerds discuss: credit cards, big purchases, credit card rewards, saving money on Halloween, DIY costumes, cashback apps, Halloween budgeting, credit card interest, maximizing credit card points, health savings account, HSA, personal finance, budgeting tips, managing credit utilization, DIY Halloween ideas, saving money on costumes, repurposing costumes, cashback rewards, credit card sign-up bonus, using credit cards wisely, paying off credit card debt, zero APR credit cards, financial planning, paying off big expenses, cash-back vs points, credit card rewards strategies, making big purchases with credit cards, budgeting for big purchases, and sign-up bonus strategies. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, October 24, 2024

How the Next President Could Shift Health Care Costs and Student Loans

Learn how the presidential candidates' policies on health care and student loans differ in how they could impact your finances. What impact could presidential policies have on health care and student loans? How might these policies affect your personal finances? Hosts Sean Pyles and Anna Helhoski discuss health care costs and student loan forgiveness to help you understand how upcoming elections may influence your financial future. They begin with a discussion of health care with Richard Frank, director of The Center on Health Policy, about the feasibility of lowering prescription drug prices, the candidates’ stances on Medicare and Medicaid, and the potential for health care tax credits to be extended.  Then, Anna talks to Student Loans Nerd Eliza Haverstock about student loan repayment policies and financial aid. They discuss the fate of income-driven repayment plans like SAVE, the future of public service loan forgiveness, and the costs of alternative education pathways for students beyond traditional four-year colleges. Stay up to date on the latest financial news by visiting NerdWallet’s Financial News Hub: https://www.nerdwallet.com/h/news/financial-news   In their conversation, the Nerds discuss: presidential policies, healthcare costs, lowering healthcare costs, healthcare tax credits, healthcare reform, Affordable Care Act, ACA, Kamala Harris healthcare plan, Donald Trump healthcare plan, student loans, student loan forgiveness, Medicare, Medicaid, SAVE repayment plan, public service loan forgiveness, PSLF, prescription drug prices, financial aid, college affordability, Pell Grant, alternative education pathways, election impact on finances, student debt relief, healthcare policy, college tuition costs, and healthcare in the US. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, October 23, 2024

Rolling the Dice: Can Sports Betting Really Pay Off Like the Stock Market?

Learn the key differences between sports betting and investing, plus tips for managing the financial risks of gambling. How is sports betting different from investing in the stock market? What are the financial risks and benefits of sports betting versus stock market investing? Hosts Tess Vigeland and Anna Helhoski dive into the booming sports betting industry, examining the legal landscape, growing popularity, and potential risks. Investing Nerd Sam Taube joins the conversation to break down the key differences between sports betting and investing, highlighting the consistency of returns in investing and the addictive potential of short-term speculation and expanding on the financial and psychological dynamics that separate gambling from more strategic, long-term financial decisions. Then, Tess and Anna cover recent key financial headlines, including a rise in retail sales as holiday shopping ramps up, the Federal Trade Commission's new "click-to-cancel" rules for subscriptions, and the Department of Education’s decision to penalize the student loan servicing company MOHELA, the Missouri Higher Education Loan Authority.  4 Free Budgeting Templates & Excel Spreadsheets https://www.nerdwallet.com/article/finance/free-budget-spreadsheets-templates   In their conversation, the Nerds discuss: sports betting, investing, stock market, gambling vs investing, financial risks, long-term investing, sports betting addiction, sports gambling, investing tips, gambling addiction, stock market returns, financial habits, betting apps, investment strategies, sports betting apps, sports betting vs investing, gambling laws, investment risks, sports betting industry, responsible gambling, betting odds, stock market growth, financial returns, and risk management. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, October 21, 2024

Vest Without the Stress: Mastering Job Transitions and Vesting Schedules

Learn how to navigate job changes, maximize retirement benefits, and celebrate personal and financial accomplishments. How should you navigate job changes when it affects your retirement benefits? What options do military spouses have for saving for retirement? Hosts Sean Pyles and Sara Rathner discuss managing unvested retirement funds to help you understand how to make the most of your employment benefits. They begin with a discussion of the importance of celebrating success after working towards a goal, financial or otherwise. Then Sean talks to Lacey Langford, an accredited financial coach and founder of MILMO, a platform to help the military community better their finances, about tips and tricks for financial planning for military families. Lacey helps Sean answer a listener’s question about changing jobs, discussing how vesting schedules work, how to negotiate benefits with employers, the challenges of frequent relocations, how to maximize retirement savings through IRAs and spousal IRAs, and the importance of tapping into community and government resources to build financial stability. In their conversation, the Nerds discuss: retirement benefits, 401k vesting, job changes and retirement, military spouse financial planning, saving for retirement, how vesting schedules work, spousal IRA, financial tips for military families, retirement savings options, navigating job changes, maximizing employer benefits, retirement planning, emergency savings, career transitions, negotiating with employers, military spouse benefits, financial stability, investment strategies, saving for the future, IRA contributions, how to handle job transitions, individual retirement accounts, and navigating career changes. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, October 17, 2024

Paycheck Politics: What Presidential Tax Plans May Mean for Your Wallet

Explore how the 2024 presidential candidates' tax plans could impact your finances and what to know before voting. What tax proposals are the 2024 presidential candidates making, and how might these policies affect your finances? What should you know before voting on tax issues? Hosts Sean Pyles and Anna Helhoski discuss the key differences in the candidates' tax plans and how to make informed decisions to protect your financial future. They begin with a discussion of the importance of tax policy, how taxes fund government services, and the long-term effects of tax laws on your paycheck. Then, Anna talks to Amy Hanaeur, the executive director of the left-leaning Institute on Taxation and Economic Policy, to discuss the candidates' specific tax proposals. They discuss proposals to cut corporate taxes, extend expiring tax cuts, provide child tax credits, and eliminate taxes on Social Security benefits. In their conversation, the Nerds discuss: Trump tax proposals, Harris tax proposals, 2024 tax plans, presidential tax policies, tax policy comparison, how tax cuts affect the middle class, child tax credit, corporate tax cuts, small business tax credits, housing tax credits, personal finance and taxes, presidential election taxes, tax cuts for wealthy, understanding tax deductions, tax credits explained, government spending and taxes, tax policy and inequality, tax laws 2024, income tax changes, tax reforms 2024, tax policy for corporations, presidential candidates tax proposals, tax policy debate, tax reform proposals, and corporate tax rate. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, October 16, 2024

SSN SOS: How to Keep Your Social Security Number Safe from Data Breaches

Learn how to protect your Social Security number and stay safe from identity theft, plus the latest news on inflation and health insurance rates. How can you protect your Social Security number from identity theft and data breaches? How can you freeze your credit? What should you do if your Social Security number is compromised? Hosts Sean Pyles and Anna Helhoski talk to Lauren Schwahn, a writer at NerdWallet who covers credit scoring, debt, budgeting and money-saving strategies, about how to keep your Social Security number safe. In the wake of recent data breaches exposing millions of Social Security numbers to potential fraud, Lauren shares practical tips on how to protect your personal information and prevent identity theft, from freezing your credit to setting up protections with the Social Security Administration. Then, Sean and Anna cover a few other money headlines, including the latest inflation numbers and what they mean for your wallet, rising health insurance premiums, and how much Americans are planning to spend on Halloween this year.  Get your free credit report: https://www.nerdwallet.com/p/free-credit-report   In their conversation, the Nerds discuss: Social Security protection, identity theft prevention, how to freeze credit, credit freeze, preventing identity theft, data breaches 2024, how to secure personal data, Social Security fraud, identity theft protection tips, how to avoid identity theft, rising health insurance costs, healthcare premiums 2024, Halloween spending statistics, inflation impact on groceries, cost of living 2024, inflation and consumer confidence, employer-sponsored health insurance, and financial security tips. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, October 14, 2024

How to Make The Fed’s Interest Rate Cut Work for You

Learn about the Chase Sapphire Preferred card’s limited time sign-up bonus and understand the impact of Federal Reserve interest rate changes. What is the economic impact of lowering interest rates? Does lowering interest rates increase people’s spending power? Host Sean Pyles leads discussions around the Chase Sapphire Preferred card and the Federal Reserve's interest rate adjustments to help you understand how to optimize travel rewards and navigate economic shifts. Travel Nerds Sally French and Meghan Coyle start the episode with a discussion of a limited time sign-up bonus for the Chase Sapphire Preferred card, offering tips and tricks on integrating the card into a long-term financial strategy. Then, NerdWallet's Senior Economist Elizabeth Renter joins Sean to discuss the impact of lowering interest rates. They delve into how the Federal Reserve uses interest rate changes to manage inflation and employment, how changing rates can stimulate economic growth, and the implications of recent Federal Reserve rate cuts on the broader economy. Use NerdWallet’s free tool to compare mortgage rates: https://www.nerdwallet.com/mortgages/mortgage-rates   In their conversation, the Nerds discuss: travel rewards, Chase travel portal, interest rate impact, Federal Reserve, economic growth, credit card sign-up bonuses, credit card offers, inflation control, student loan rates, mortgage interest rates, Chase Ultimate Rewards, travel credit cards, Federal Reserve rate cuts, economic trends, credit card bonuses, travel statement credits, Chase travel credits, rewards points, and the impact of lowering interest rates. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, October 10, 2024

How Presidential Policies Affect Prices: Tariffs, Price Control, Immigration and More

Learn how presidential policies on tariffs, immigration, and prices can impact your everyday expenses like groceries and gas. What can a president actually do to lower prices and fight inflation? Can campaign promises really impact your wallet, or are they just political hot air? Hosts Sean Pyles and Anna Helhoski discuss presidential policies and how they affect everything from the cost of gas to your grocery bill to help you understand the real impact of political decisions on your finances. They begin with a discussion of inflation, with tips and tricks on understanding how inflation is measured, what drives price hikes, and what role the president plays in influencing it. Then, Anna talks to Derek Stimel, an associate professor of teaching economics at UC Davis, about the economic implications of tariffs and immigration policies. They discuss how tariffs raise the price of imported goods, how immigration impacts labor costs and wages, and what these political policies mean for your everyday purchases. Stay up to date on the latest financial news by visiting NerdWallet’s Financial News Hub: https://www.nerdwallet.com/h/news/financial-news   In their conversation, the Nerds discuss: inflation, gas prices, grocery prices, presidential policies, price gouging, campaign promises, tariffs, housing prices, lowering inflation, food costs, how presidents affect inflation, impact of tariffs, rising prices, how to reduce inflation, economic policy, cost of living, presidential election impact on economy, Federal Reserve, interest rates, macroeconomics, energy costs, labor costs, wages, supply chain issues, grocery store prices, price hikes, government spending, immigration policies, taxes, high inflation causes, price control, real estate market, debt and inflation, how tariffs work, price increases, affordable housing, consumer prices, cost of goods, natural gas prices, economic recession, and job market trends. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, October 09, 2024

Understand the Gig Economy: Why Millions are Choosing Freelance and Side Hustles

Learn how the gig economy impacts workers' finances and get tips for managing taxes, savings, and benefits. How does the gig economy affect people financially? How can gig workers save for taxes and retirement without employer benefits? Hosts Tess Vigeland and Sara Rathner are joined by Rick VanderKnyff, NerdWallet’s senior news editor, to explore what defines a gig worker, how many Americans are involved in gig work, and what this means for benefits like healthcare and retirement. They discuss the complexities of gig work, its rise during the pandemic, and what gig workers can do to manage their finances and save for the future. Plus: Tess and Sara cover some of the week’s top financial headlines, including the latest job market report, tax filing extensions for Hurricane Helene victims, and rising interest rates on credit card debt.  Learn about the best no balance transfer fee credit cards: https://www.nerdwallet.com/article/credit-cards/best-no-balance-transfer-fee-credit-cards   In their conversation, the Nerds discuss: gig economy, gig workers, freelance jobs, side hustles, independent contractors, gig work benefits, gig worker taxes, freelancer taxes, how to save as a freelancer, managing freelance income, self-employment tips, self-employment tax, gig economy trends, freelance health insurance, gig work flexibility, saving for retirement as a freelancer, freelancer budgeting, part-time jobs, gig economy apps, freelance income tips, budgeting for gig workers, self-employed retirement plans, healthcare for gig workers, gig economy statistics, gig economy news, freelance careers, gig worker rights, independent worker benefits, alternative work arrangements, and freelance tax tips. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, October 07, 2024

Budget Like a Boss: A Financial Planner’s Tips for Achieving Your Money Goals

Learn what it truly means to work with a certified financial planner (CFP) and how personalized advice can help you set and achieve your financial goals. NerdWallet Advisors is no longer accepting new clients, and will be closing its financial planning business as of December 20th, 2024. What should you know before working with a certified financial planner? What strategies can help you navigate societal pressures and make personal financial choices? Host Sean Pyles talks to Magda Doemeny, a certified financial planner with NerdWallet Advisors, to discuss the power of personalized financial advice and behavioral budgeting to help you understand how to align your financial goals with your personal values. They begin with a discussion of the role of certified financial planners, including the fiduciary responsibility of CFPs, the specialized knowledge they bring to areas like estate planning, and common strategies for cutting through societal noise to focus on personal priorities. They also discuss the innovative concept of behavioral budgeting, which involves creating sustainable financial habits, like limiting dining out. NerdWallet Advisory LLC, dba NerdWallet Advisors, is an SEC-registered investment advisor and wholly owned subsidiary of NerdWallet Inc. The advice provided in this episode of Smart Money was for illustrative purposes only and not intended as financial or investment advice specific to your personal facts or circumstances. In their conversation, the Nerds discuss: financial planning, certified financial planner, personalized financial advice, financial goals, estate planning, financial anxiety, behavioral budgeting, fiduciary responsibility, financial choices, societal pressures, financial journey, managing finances, financial management, money questions, financial behavior, financial habits, spending habits, retirement savings, debt management, investment vehicles, financial coaching, personal values, and sustainable changes.. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, October 03, 2024

Election Economics: How Can Presidents Really Impact Your Pocketbook?

Learn what powers the president does and does not have to influence the economy and your wallet. Does the president really have power over the economy? How do presidential promises impact your wallet? Hosts Sean Pyles and Anna Helhoski discuss the grand economic promises made by presidential candidates and the intricate realities of presidential influence on the economy to help you understand the real effects on your daily finances. They begin with a discussion of the policy proposals from Donald Trump and Kamala Harris, with tips and tricks on understanding the scope of presidential influence on taxes, inflation and economic growth. Then, Anna talks to NerdWallet Senior Economist Elizabeth Renter about the complexities of the business cycle and the Federal Reserve's role in the economy. They discuss the limited presidential power over economic cycles, the structure and independence of the Federal Reserve, and the direct effects of presidential actions like student loan relief on individual finances. Listen to Smart Money’s coverage of the “No Tax on Tips” policy :   Stay up to date on the latest financial news by visiting NerdWallet’s Financial News Hub : In their conversation, the Nerds discuss: presidential promises, economic policies, financial impact, presidential influence, economic realities, Federal Reserve, Donald Trump economic policies, Kamala Harris economic policies, taxes, deregulation, economic growth, cost reduction, small business support, down payment assistance, business cycle, Federal Reserve structure, Fed independence, Fed governors, monetary policy, student loan relief, macroeconomy, personal finances, campaign promises, tax policies, inflation control, healthcare impact, banking regulations, economic cycles, consumer sentiment, government spending, fiscal policy, executive orders, economic output, GDP growth, unemployment rates, economic downturns, financial stability, economic sentiment, policy and finance, and election impact. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, October 02, 2024

Hack or Hoax? Spot Social Media Money Tips That Actually Work

Learn to spot risky social media money “hacks” and discover safe, effective financial strategies to follow instead. Are social media money hacks reliable? Are financial influencers trustworthy? Hosts Sean Pyles and Anna Helhoski dive into the world of viral social media money hacks. They break down a recent TikTok trend that encouraged risky and illegal financial behavior, leading to disastrous consequences for some users. They highlight the dangers of following influencer advice blindly and explore how certain tried-and-true financial methods have been rebranded as trendy “hacks,” offering practical tips for distinguishing between solid financial advice and internet gimmicks. Then, Sean and Anna break down the latest money headlines, including inflation rates showing signs of cooling, a major lawsuit filed against Visa by the Department of Justice for antitrust violations, and the FTC’s settlement with Invitation Homes over unfair rental practices. Read NerdWallet’s article on how to compare two options to consolidate debt: a balance transfer credit card and a personal loan. https://www.nerdwallet.com/article/loans/personal-loans/debt-consolidation-credit-card-balance-transfer   In their conversation, the Nerds discuss: money hacks, social media money hacks, viral TikTok trends, personal finance tips, budgeting methods, check fraud, cash stuffing, debt snowball method, no-spend challenges, low-spend challenges, TikTok financial advice, saving strategies, budgeting trends, money saving tips, debt repayment methods, financial literacy, viral money tips, financial trends, money management, financial influencers, saving vs spending, check kiting scam, debt avalanche method, CD ladder strategy, budgeting tips, thrift store flipping, grocery hauls, social media finance, budgeting apps, financial scams, viral finance tips, credit card rewards, personal finance trends, debt consolidation, debt repayment tips, saving challenges, smart spending, and envelope system budgeting. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, September 30, 2024

Let Someone Else Book Your Award Flights for You: Presenting Unpacked by AFAR

Booking travel using points and miles can be complicated — but you don't have to do it alone. In this special presentation of the podcast Unpacked by AFAR, host Aislyn Greene discusses a service that does all the hard work of booking using points and miles for you, so you can focus focus on your best travel life. Listen to Unpacked by AFAR wherever you get your podcasts. Learn more at https://link.chtbl.com/MrR4D8h9

Thu, September 26, 2024

The Best Ways to Use Credit and Debit Cards When Traveling Abroad

Learn how to optimize debit and credit cards abroad, avoid fees, and maximize rewards for stress-free international travel. What are the best ways to use debit and credit cards while traveling internationally? What are best practices for avoiding fees and maximizing card benefits abroad? Hosts Sean Pyles and Meghan Coyle discuss strategic card usage and essential financial tips for international travel to help you understand how to enjoy a seamless and cost-effective travel experience. They begin with a discussion of the importance of preparing for holiday travel, with tips and tricks on carrying multiple credit cards for redundancy, avoiding pitfalls of cash advances, and the benefits of traveling during off-peak times. Then, travel Nerd Craig Joseph joins Meghan to discuss practical tips for managing credit cards and currency while traveling internationally. They discuss the advantages of using cards for their rewards and protections, the necessity of charging in local currency to avoid conversion fees, and obtaining local currency before departure to minimize ATM and currency exchange fees. This episode offers a comprehensive guide to help your international travels stay financially savvy and stress-free. Check out NerdWallet’s roundup of the 16 Best Travel Credit Cards of September 2024: https://www.nerdwallet.com/best/credit-cards/travel   In their conversation, the Nerds discuss: international travel tips, using credit cards abroad, debit card tips for travel, avoiding ATM fees abroad, holiday travel finances, travel expert tips, maximizing card rewards, charging in local currency, obtaining local currency, avoiding cash advances, minimizing travel costs, financial savvy travel, travel currency tips, holiday travel tips, travel spending strategies, travel card usage, credit card protections, travel rewards cards, international spending tips, foreign transaction fees, ATM fees abroad, travel planning, stress-free travel, travel stories, travel anecdotes, off-peak travel benefits, travel points, local currency tips, avoiding travel pitfalls, credit card tips, international travel guide, travel with multiple cards, safe travel tips, RFID protection, trip delay insurance, and lost luggage protection. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, September 25, 2024

Medicare Confusion? Get the Facts Before It Hits You (or Your Parents)

Learn how to reassess Medicare coverage during open enrollment and get the latest on interest rates, home sales, and stock prices. How can you know if you have the right amount of Medicare coverage? How can you change your Medicare coverage? Hosts Sean Pyles and Anna Helhoski dive into the latest findings on Medicare coverage from a new NerdWallet survey conducted by the Harris Poll. Personal Finance Nerd Elizabeth Ayoola joins to discuss what Medicare enrollees can do if they’re unsure whether they’ve chosen the right plan. The Nerds explain what Medicare users can do to reassess their coverage during open enrollment, which starts October 15, and how to navigate special enrollment periods when life changes occur. In addition to the Medicare survey, Sean and Anna cover key financial headlines from the week, including the Federal Reserve’s decision to lower interest rates, the latest trends in home sales trends, and what the new SEC rules that will allow stock prices to be quoted in half-cent increments mean for the average trader. NerdWallet's free retirement calculator will tell you where you are now and how much you need to save to reach your retirement savings goal: https://www.nerdwallet.com/calculator/retirement-calculator In their conversation, the Nerds discuss: Medicare open enrollment, interest rate cut, home sales trends, Medicare coverage, stock market changes, housing market news, real estate trends, special enrollment period, stock market updates, interest rate impact, mortgage rates, retirement planning, healthcare costs, financial headlines, Fed interest rate decision, real estate market, Medicare options, retirement savings, Medicare advantage, stock market tips, financial news, and retirement income. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, September 23, 2024

Budget Like a Boss: How to Drive Down Debt and Park Money in Savings (Video Episode)

Join a financial planning session with a listener who receives guidance on achieving multiple goals, including debt payoff and maximizing savings. NerdWallet Advisors is no longer accepting new clients, and will be closing its financial planning business as of December 20th, 2024. How can you balance multiple financial goals like debt repayment, retirement savings, and major purchases? How can you manage finances in an expensive city while supporting dependents? Recording in-person from a studio in Los Angeles, host Sean Pyles sits down with Magda Doemeny, a certified financial planner with NerdWallet Advisors, to host an actual financial planning session with a listener. Jessica, a 48 year old living in Los Angeles, receives personalized financial advice around navigating competing financial goals, receiving tips and tricks on prioritizing high-interest debt, breaking down financial goals into manageable steps, and maintaining focus on financial stability. Magda and Sean also discuss maximizing high-yield savings accounts, meticulous expense tracking, leveraging additional income streams like side gigs, and other tactics for achieving financial goals. NerdWallet Advisory LLC, dba NerdWallet Advisors, is an SEC-registered investment advisor and wholly owned subsidiary of NerdWallet Inc. The advice provided in this episode of Smart Money was for illustrative purposes only and not intended as financial or investment advice specific to your personal facts or circumstances. In their conversation, the Nerds discuss: financial goals, debt repayment, retirement savings, financial planning, high-yield savings accounts, budget management, expense tracking, side gigs, financial stability, emergency funds, credit score improvement, financial empowerment, high-interest debt, income and expenses, financial strategies, practical tips, debt management, retirement planning, financial hardships, credit card debt, savings strategies, financial well-being, personal finance, household budgeting, income streams, sustainable financial plan, debt collection, financial recovery, cost of living, Los Angeles finances, money management, financial control, budgeting tips, expense reduction, financial challenges, supporting dependents, and managing finances. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, September 19, 2024

Pack Smarter, Save More: Expert Tips for Efficient Travel Packing to Overcome Luggage Hassles

Get expert tips on how to pack for travel efficiently and effectively, including clever ways to save on baggage fees. How can you keep luggage costs down during holiday travel? What are the best strategies for managing carry-on luggage, especially for international trips? Hosts Sean Pyles and Meghan Coyle discuss efficient luggage management to help you understand how to save money on baggage fees. They begin with a discussion of minimizing luggage costs, with tips and tricks on rolling clothes, borrowing essentials from family members, and sticking to a carry-on bag. Then, travel writer Jessie Beck joins Meghan to discuss effective packing techniques, including the benefits of using smaller bags to prevent overpacking, creating a versatile travel capsule wardrobe, and dealing with potential issues like gate-checked bags and delayed luggage. They also cover the importance of miniaturizing items such as wallets, using airline apps and AirTags to track luggage, and understanding airline compensation policies for delayed bags.  Check out NerdWallet’s roundup of the 16 Best Travel Credit Cards of September 2024: https://www.nerdwallet.com/best/credit-cards/travel   In their conversation, the Nerds discuss: travel tips, holiday travel, packing light, carry-on luggage, minimalist packing, efficient packing, luggage costs, baggage claim, travel capsule wardrobe, international travel, gate-checked bags, airline apps, AirTags, delayed luggage compensation, travel credit cards, lost luggage, winter travel packing, sports trip packing, travel sized items, packing strategies, holiday season travel, airline policies, carry-on only travel, luggage fees, and luggage tracking. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, September 18, 2024

Fed Up with High Rates? Here’s How a Cut Impacts Your Loans and Savings

Learn how the Fed’s interest rate cuts may affect your loans, savings, and investments, as well as what to do about refinancing. How could interest rate cuts affect credit card debt? Will it be easier or cheaper to get a mortgage or auto loan with interest rates going down? Is now a good time to refinance? Hosts Sean Pyles and Anna Helhoski break down how the Federal Reserve’s expected interest rate cuts could impact your finances. They discuss the potential impact on credit cards, mortgages, and savings accounts, as well as how these changes might influence borrowing and investing decisions. Then, Sean and Anna cover some of the top money headlines from the past week, including the latest inflation figures, household income trends, and new developments in student loan servicing following the Consumer Financial Protection Bureau’s lawsuit against Navient, formerly known as Sallie Mae.  Refinancing your student loans can save you thousands or lower your monthly payment. NerdWallet has a tool to help: https://www.nerdwallet.com/refinancing-student-loans   In their conversation, the Nerds discuss: interest rate cuts, Federal Reserve, mortgage rates, credit card debt, loan refinancing, auto loans, savings accounts, inflation trends, household income, student loans, personal loans, CD rates, adjustable-rate mortgages, refinancing, high-yield savings, financial planning, debt consolidation, interest rate changes, fed rate cut, mortgage refinancing, investment strategies, federal student loans, FAFSA, CFPB, inflation report, personal finance tips, money headlines, inflation rate, mortgage interest rates, loan interest rates, private student loans, car loan refinancing, variable interest rates, economic data, financial markets, personal debt, interest rate savings, cost of borrowing, and loan interest. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, September 16, 2024

Refresh Your Fall Finances: A Money Check-Up and Investment Diversification Deep Dive

Get fall-ready with budgeting tips and strategies for diversifying your investment portfolio to achieve financial goals. How can you reset your finances for fall and prepare for the holiday season? Can you grow an undiversified investment portfolio by $28,000 over seven years without additional contributions? Hosts Sean Pyles and Sara Rathner discuss seasonal budgeting and investment diversification to help you understand how to effectively manage your money during the fall season and optimize your investment strategies for long-term growth. They begin with a discussion of preparing your finances for fall, with tips and tricks on reviewing your summer spending, adjusting savings goals for the holidays, and early holiday planning. Then, Smart Money cohost Elizabeth Ayoola joins Sean and Sara to help answer a listener’s question about how they can diversify their investment portfolio to reach a savings goal of $28,000 over four years. They discuss the importance of mitigating risks through diversification, real-life cautionary tales of emotional attachment to investments, and the complexities of assessing stock performance.  Use NerdWallet’s free investment calculator to estimate how much your investments or savings will compound over time, based on factors like how much you plan to save or invest, your initial deposit and your expected rate of return: https://www.nerdwallet.com/calculator/investment-calculator   In their conversation, the Nerds discuss: fall financial strategies, smart portfolio management, resetting your finances, mastering investment diversification, smart investing tips, fall financial check-up, portfolio diversification, preparing your wallet for autumn, investing wisely, seasonal budgeting, creating a balanced portfolio, assessing financial goals, holiday season financial planning, estimating investment growth, long-term portfolio growth, familiarity bias, emotional attachment to investments, stock performance assessment, avoiding investment pitfalls, financial success, fall budgeting tips, early holiday planning, holiday travel arrangements, financial stability, open enrollment, healthcare options, beneficiary designations, and retirement accounts. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, September 12, 2024

How to Save Money on Holiday Travel Without Using Any Points

Learn expert tips and tricks for saving money on holiday travel booking, from the best time to book to when you should use rewards points. When should you book your holiday travel? How can you save money on travel during the busiest travel season? Hosts Sean Pyles and Meghan Coyle talk to travel rewards Nerd Sam Kemmis about how to save money when booking holiday travel, with tips and tricks on using companion fares, the optimal time to book holiday flights, and understanding the fine print of airline programs. They also discuss the challenges and benefits of standby flights, the value of subscribing to flight deal newsletters, and the advantages of using credit card points and transferring them to partner airlines. By exploring these topics, the hosts aim to provide listeners with actionable advice to make holiday travel more affordable and less stressful. Check out NerdWallet’s roundup of the 16 Best Travel Credit Cards of September 2024: https://www.nerdwallet.com/best/credit-cards/travel   In their conversation, the Nerds discuss: holiday travel tips, budget travel, travel savings, cheap flights, holiday travel deals, affordable holiday travel, companion fares, Alaska Airlines, credit card points, holiday airfare, hotel deals, flight deal newsletters, Thanksgiving travel, flexible travel plans, standby flights, holiday travel booking, holiday travel strategies, travel on a budget, holiday travel expenses, holiday season travel, slashing travel costs, save money on travel, holiday travel flexibility, travel credit cards, international travel deals, Google Flights, spontaneous travel options, travel savings tips, avoiding holiday travel costs, affordable festive getaways, cheaper holiday trips, holiday travel experiences, travel rewards programs, and holiday flight deals. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, September 11, 2024

Jobs Up, Vibes Down: Why Economic Data Doesn’t Match How We Feel

Learn why the economy feels worse than the data suggests, and what the latest jobs report means for interest rates. Why do people feel negative about the economy even when the data says it’s doing well? How could upcoming changes to interest rates affect your personal finances? Hosts Sean Pyles and Anna Helhoski dive into the latest job market data and discuss why it’s so hard to tell whether the economy is doing well or not. Joined by NerdWallet Senior Economist Elizabeth Renter, they unpack the mixed messaging in headlines, explain why consumer sentiment doesn’t always align with economic data, and give an inside look into what the latest numbers mean for the future of interest rates. If you’ve ever wondered why good numbers sometimes still feel bad, then this episode is for you.  After their deep dive into the economy, Sean and Anna break down the latest money headlines, including Apple's newest product unveilings, why you may want to think twice before upgrading your gadgets, and how more people are joining the ranks of 401k millionaires. Are you on track for your golden years? NerdWallet’s retirement calculator can help you make a plan to reach your savings goals: https://www.nerdwallet.com/calculator/retirement-calculator   In their conversation, the Nerds discuss: economic data, consumer sentiment, jobs report, interest rates, Federal Reserve, inflation, economic news, job market, 401k savings, Apple product launch, unemployment rate, stock market, economic growth, recession, financial planning, personal finance, retirement savings, labor market, wage growth, inflation rates, money management, federal interest rates, Apple iPhone, economic forecast, economic trends, money headlines, and job growth. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, September 09, 2024

Financial Fitness for Big Moves: Achieving Your Goals Without Sacrificing Security (Video Episode)

A certified financial planner offers a listener actionable advice to help him save for a big move while maintaining financial stability. NerdWallet Advisors is no longer accepting new clients, and will be closing its financial planning business as of December 20th, 2024. How much should you save before you move to a new city? How can you reach your savings goals while also spending on your lifestyle? Recording in-person from a studio in Chicago, host Sean Pyles sits down with Magda Doemeny, a certified financial planner with NerdWallet Advisors, to host an actual financial planning session with a listener. Jim, a 36-year-old nonprofit worker, joins them to share his aspirations of moving to a higher cost-of-living area without a job lined up. Magda advises him on how much money in living expenses he should consider saving before making the move, the practicality of high-yield savings accounts, and the benefits and limitations of using a Roth IRA for a down payment, among other practical strategies for reaching his goals while maintaining financial stability. NerdWallet Advisory LLC, dba NerdWallet Advisors, is an SEC-registered investment advisor and wholly owned subsidiary of NerdWallet Inc. The advice provided in this episode of Smart Money was for illustrative purposes only and not intended as financial or investment advice specific to your personal facts or circumstances. In their conversation, you’ll hear about: smart financial planning, major life transitions, certified financial planners, financial stability, dream relocation, higher cost of living, Roth IRA for a down payment, high-yield savings accounts, budgeting tips, saving for relocation, emergency savings, long-term financial health, actionable financial strategies, transportation costs, retirement savings adjustments, financial goals, balancing life changes, moving to San Diego, cost of living, clear financial goals, financial risks, increasing income, trimming expenses, side gigs, prioritizing savings goals, healthcare coverage costs, affordable financial planning, financial plan, setting financial goals, car purchase planning, and moving expenses. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, September 05, 2024

Book Smarter: Holiday Travel Tips for Stress-Free Trips

Get insider tips for stress-free holiday travel, from booking strategies to maximizing credit card points and more. What’s the best way to avoid stress when traveling during the holidays? Is it better to book with points when you’re traveling for the holidays? Hosts Sean Pyles and Meghan Coyle discuss the challenges of holiday travel and share effective booking strategies to help you understand how to navigate the busiest travel days with ease and efficiency. Travel Nerd Sally French joins them to discuss common holiday travel hurdles, including the benefits of early morning flights, the advantages of extending holiday trips to avoid peak travel days, and strategies for using travel points and rewards effectively during the holidays. They also explore the perks of lounge access, the efficiency of TSA PreCheck, and clever ways to use travel points during peak seasons. Check out NerdWallet’s roundup of the 16 Best Travel Credit Cards of September 2024: https://www.nerdwallet.com/best/credit-cards/travel   In their conversation, the Nerds discuss: holiday travel tips, stress-free holiday travel, best time to book flights, maximize credit card points, TSA PreCheck benefits, lounge access perks, avoid flight cancellations, early morning flights, busiest travel days, holiday staycation, travel strategies, Southwest flight credits, holiday travel chaos, extend holiday trips, travel trends 2024, holiday travel season, travel points usage, travel delays, layover tips, airline reliability, Google Flights alerts, avoiding holiday crowds, booking smarter, record-breaking travel, holiday flight booking, travel tips and tricks, avoiding holiday rush, sentimental holiday travel, Thanksgiving travel tips, Christmas travel tips, booking refundable flights, holiday travel planning, navigating TSA lines, airport lounge benefits, travel rewards strategies, flying on holidays, travel stories, and 2024 holiday travel outlook. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, September 04, 2024

Realtor Roulette: How to Spin the New Commission Rules in Your Favor

Learn about new real estate commission rules and how they impact home buyers, sellers, and the future of agent fees. How will real estate commissions work following the National Association of Realtors settlement? What do post-NAR rules mean for home buyers and sellers? Hosts Sean Pyles and Anna Helhoski break down the new real estate commission rules that recently came into effect following a landmark lawsuit against the National Association of Realtors. Holden Lewis, NerdWallet’s home and mortgage expert, joins the discussion to explain the recent changes, what they mean for the industry, and how they could affect your next real estate transaction. In their conversation, the Nerds discuss: real estate commissions, real estate commission rules, real estate agent fees, real estate commission changes, buyer's agent commission, seller's agent commission, real estate lawsuits, real estate settlement, real estate market changes, commission negotiations, buying a house, selling a house, real estate commission lawsuit, MLS rules, real estate industry news, real estate trends, real estate legal changes, commission rules, real estate commissions explained, real estate agent compensation, new real estate laws, and real estate regulations. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, September 02, 2024

Survive and Thrive: Felicia Day’s Gig Economy Playbook for Success

Writer, producer, and actor Felicia Day shares her financial journey working in Hollywood, with tips for managing your budget when gigs are inconsistent. What is your time worth? How do you value your time outside of work?  How can you manage finances in an unpredictable career like acting?  Hosts Sean Pyles and Sara Rathner discuss the concept of time valuation to help you understand how to balance personal worth against income. They begin with a discussion of time valuation, offering insights on the average hourly value people place on their time, the impact of this valuation on life decisions and assessing the value of unpaid personal tasks.  06:10 Interview with Felicia Day Sean speaks with Felicia Day about the financial strategies she employed to maintain an unstable career in Hollywood. They tackle topics such as frugal habits, the significance of diversifying one's portfolio for career longevity and aligning creative passions with financial stability. Plus: How to understand the financial education that you may have received even without having ever been given a formal financial education. In their conversation, the Nerds discuss: Hollywood finances, managing finances, acting career, freelancing lifestyle, financial strategies, financial acumen, Hollywood journey, value of time, budgeting tactics, work-life balance, career growth, financial stability, creative careers, personal well-being, professional satisfaction, financial security, generational differences, personal time investment, freelancing finances, unstable careers, diversifying skills, frugality, budgeting skills, theoretical mathematics, content creation, business acumen, media industry, creative fulfillment, career shifts, entrepreneurial leaps, work-life harmony, managing a budget, career resilience, and skills diversification. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, August 29, 2024

Balance Traditions and Wealth-Building with ‘Culturally Competent’ Tips from Jannese Torres

Understand how first-gen Americans can achieve financial success with tips for balancing cultural obligations and wealth-building strategies. How can first-generation Americans grow their wealth and protect their money? How can you set financial boundaries with family and friends while staying committed to your long-term financial goals? Hosts Sean Pyles and Kim Palmer discuss the unique financial challenges faced by first-generation Americans and immigrant families to help you understand strategies for achieving financial independence. They begin with a discussion of tips and tricks on managing dual financial pressures of supporting oneself and one's parents and breaking cycles of poverty through self-compassion and financial education. Jannese Torres, host of the personal finance podcast Yo Quiero Dinero , joins Kim to discuss the importance of building a strong financial support network tailored to individual needs. They discuss strategies for identifying trustworthy financial advisors, setting and maintaining financial boundaries with family and friends, and gracefully declining costly invitations in favor of ensuring long-term financial success. This episode is essential listening for anyone navigating cultural and familial obligations while striving for financial independence. In their conversation, the Nerds discuss: financial success, first-generation Americans, wealth building strategies, Jannese Torres, mastering money, immigrant families, navigating financial challenges, first-gen success, building wealth, immigrant stories, financial freedom, new Americans, supporting family, financial goals, empowering immigrant communities, financial literacy, actionable advice, cultural responsibilities, retirement savings, breaking cycles of poverty, self-compassion, financial stability, culturally competent education, financial trauma, financial support network, trustworthy advisors, financial boundaries, costly events, long-term financial success, multiple income streams, personal finance, and money beliefs. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, August 28, 2024

Safeguarding Your Identity After the National Public Data Breach

Learn how the National Public Data breach could affect you and what actions you can take after a major data breach occurs. What should you do after a major data breach? How can you secure your data from unscrupulous data brokers? Hosts Sean Pyles and Anna Helhoski discuss the alarming security breach at National Public Data with investigative journalist Bob Sullivan, exploring the implications of the breach and providing actionable tips on how to protect your personal information from future threats. Then, Sean and Anna discuss the latest money headlines, including Fed interest rates, the turbulent real estate market’s challenges posed by high mortgage rates and rising home prices, and the antitrust lawsuit against RealPage for alleged price-fixing in the rental market.  Use NerdWallet’s “How much house can I afford?” calculator: https://www.nerdwallet.com/mortgages/how-much-house-can-i-afford/calculate-affordability   In their conversation, the Nerds discuss: National Public Data breach, Social Security number protection, credit monitoring, interest rate cut, Fed interest rates, housing market trends, mortgage rates, home affordability, real estate market, rent increase, rental market, antitrust lawsuit, financial security, cybersecurity, credit score impact, data protection, mortgage tips, home buying tips, housing prices, RealPage lawsuit, rental software, property management, interest rate prediction, inflation impact, homeownership, financial planning, identity theft, security breach, class action lawsuit, credit report, credit freeze, housing market forecast, fed policy, real estate tips, housing affordability, mortgage rates 2024, and rental prices. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com .

Mon, August 26, 2024

Reduce Financial Anxiety Now: Actionable Tips from a Live Planning Session (Video Episode)

A CFP helps a listener turn financial anxiety into actionable steps for budgeting, investing, and achieving financial peace of mind. NerdWallet Advisors is no longer accepting new clients, and will be closing its financial planning business as of December 20th, 2024. How can you be more comfortable spending money? What are strategies for combating financial anxiety? Host Sean Pyles sits in on a live financial planning session where Magda Doemeny, a certified financial planner from the NerdWallet Advisors platform, gives a listener (also named Sean) specific advice to reduce anxiety around their finances (advice given on behalf of Nerdwallet Advisors, not NerdWallet). They begin with a discussion of Sean's personal financial journey before Magda offers tips and tricks on setting clear short to medium-term goals, compartmentalizing savings to reduce stress, and understanding the risks and rewards of investing. She recommends actionable steps for helping him enjoy his money more without needing to stress over where every dollar is spent. ​​NerdWallet Advisory LLC (dba NerdWallet Advisors) is an SEC-registered investment advisor, and wholly owned subsidiary of NerdWallet, Inc. The advice provided in this episode of Smart Money was for illustrative purposes only and not intended as financial or investment advice specific to your personal facts or circumstances. This discussion covers: financial anxiety, financial peace of mind, financial planning session, budgeting strategies, investing tips, asset portfolio, certified financial planner, managing finances, financial goals, retirement planning, financial security, financial management, smart investing, wealth building, financial discipline, savings accounts, financial communication, financial relationships, college tuition, home down payments, financial stability, financial relaxation, money management, anxiety about money, achieving financial goals, budgeting and investing, financial goals and relationships, financial goal-setting, financial reassurance, financial stress, and disciplined financial planning. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, August 22, 2024

Prepare for Your Pet’s End-of-Life Care: Balancing Love, Costs and Comfort

Learn how to make compassionate, informed decisions for your pet's end-of-life care, balancing costs, emotions, and love. How can you plan for end of life care for your pet? Hosts Sean Pyles and Ronita Choudhuri-Wade discuss the emotional and financial challenges of pet end-of-life care and the importance of early decision-making to help you understand how to make compassionate and practical choices that are realistic for your financial situation. They begin with a discussion of the gut-wrenching reality of limited pet lifespans, with tips and tricks on preparing for end-of-life care, weighing treatment costs against quality of life, and ensuring pets do not suffer needlessly. Dr. Fiona McCord, founder of Compassionate Care Vet Services, then joins Ronita to discuss the complexities of end-of-life care decision-making. They discuss the importance of early planning, balancing love and practicality in pet care, and resources for grief support. Through touching stories and practical advice, Dr. McCord emphasizes the necessity of preparing for the financial and emotional aspects of pet end-of-life care, helping pet owners navigate these challenging times with compassion and foresight. In their conversation, the Nerds discuss: pet end-of-life care, euthanasia vs natural death, compassionate care for pets, pet hospice options, pet grief support, financial planning for pet care, pet cremation costs, pet burial costs, managing pet health costs, balancing pet care costs and emotions, quality of life for aging pets, end-of-life pet decisions, veterinary advice for pet owners, in-home euthanasia for pets, pet loss resources, emotional support for pet owners, pet care budgeting, chemotherapy for pets, pet surgery costs, preparing for pet loss, compassionate choices for pets, honoring a pet's memory, practical tips for pet care, aging pet comfort tips, supporting pets in final days, financial challenges of pet care, early decision-making for pet care, grief counseling for pet owners, pet memorial planning, hospice care for pets, balancing love and practicality, ensuring pet comfort, end-of-life pet planning, avoiding pet crisis situations, pet loss and identity, managing chronic pet illness, and resources for pet owners. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, August 21, 2024

Why Experts Criticize “No Tax on Tips” and What It Means for Your Wallet

Learn why experts criticize the “no tax on tips” policy and what it could mean for non-tipped workers if tips become tax-free. Why are some experts criticizing the proposed “no tax on tips” policy? Could it really benefit tipped workers as intended? Hosts Sean Pyles and Anna Helhoski discuss the nuances of the “no tax on tips” proposals from presidential candidates Donald Trump and Kamala Harris and break down why tax experts are skeptical about its effectiveness. Then, they cover the latest financial headlines, including updates on retail sales, car prices, and the potential Kroger-Albertsons merger. Calculating how much car you can afford before you visit the dealership can save you hundreds, maybe thousands, of dollars in the long run. To do that for free, you can use NerdWallet’s car affordability calculator here: https://www.nerdwallet.com/article/loans/auto-loans/much-spend-car   In their conversation, the Nerds discuss: no tax on tips, tipping policies, federal income tax, tax exemption, tipped workers, minimum wage, inflation, car sales, grocery prices, Kroger Albertsons merger, consumer price index, CPI, retail sales, used car prices, payroll tax, earned income tax credit, child tax credit, recession, economic policy, subminimum wage, US presidential election, tax policy, financial headlines, tax credits, grocery merger, consumer spending, interest rates, federal minimum wage, Social Security, Medicare, restaurant industry, hospitality industry, tax loopholes, wage inequality, financial news, economic trends, car affordability, and tipping. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, August 19, 2024

How to Weigh Career Moves for Financial and Lifestyle Gains

Learn how you could save money by caring less about what other people think and how to weigh the pros and cons of a job offer. How can you save money by not caring about others' opinions? How does commute time factor into whether you should take an in-person job? Hosts Sean Pyles and Sara Rathner discuss freeing yourself from the pressures of social validation and adopting smart spending habits to help you understand how these approaches can boost your financial well-being. They begin with a discussion of saving money by “not caring,” with tips and tricks on avoiding unnecessary spending influenced by social media influencers, focusing on purchases that genuinely make you happy, and recognizing the fleeting dopamine rush from new buys. They also delve into strategies such as choosing unique vintage clothing, the benefits of a capsule wardrobe, and making thoughtful car-buying decisions.  Then, hosts Elizabeth Ayoola and Sara Rathner talk to Andrew, a listener in Miami, about his decision to start a new job that would increase both his salary and his commute time. They discuss the trade-offs of job changes, the impact on work-life balance, and questions you can ask yourself to help align your career progression with core values. To see how much car you can really afford, check out NerdWallet’s auto loan calculator: https://www.nerdwallet.com/calculator/auto-loan-calculator   In their conversation, the Nerds discuss: financial freedom, mindful spending, frugal living, social validation, smart spending, career decisions, financial well-being, fashion trends, financial fulfillment, savings boosts, self-esteem, social media influencers, vintage clothing, capsule wardrobe, car buying decisions, reliability over status, environmental impact, job change, lengthy commute, work-life balance, company culture, strategic financial decisions, emergency funds, automating savings, daycare expenses, salary increase, family time, freelance work, retirement savings, job switching, higher salary, outsourcing home tasks, remote work, hybrid roles, practical tips, dopamine hits, fashion creativity, and consumer purchases. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, August 15, 2024

Planning for Pet Emergencies: Vet Budgeting Tips to Avoid Financial Stress

Learn how to financially prepare for the costs of pet emergencies with firsthand experiences from pet owners and experts. How much does emergency pet care cost? How much should you budget for unexpected pet expenses? Hosts Sean Pyles and Ronita Choudhuri-Wade discuss the unpredictable nature of pet emergencies and the importance of financial readiness to help you understand how to effectively manage unexpected veterinary costs. They begin by sharing their personal experiences and discussing the emotional toll of pet emergencies, with tips and tricks on setting up a savings account for pet expenses, considering pet insurance, and understanding the wide range of potential costs involved in emergency care. Vivien, a pet owner from Jersey City, New Jersey, also shares her story of dealing with an unexpected pet emergency. Then, Dr. Angela Beal, a veterinarian based in Columbus, Ohio, joins Ronita to discuss strategies for financially preparing for pet emergencies. They discuss tactics for setting up a dedicated pet emergency fund, the benefits of pet insurance, and practical steps for emotionally and financially managing unexpected veterinary expenses. Check our NerdWallet roundup of the best pet insurance companies for 2024: https://www.nerdwallet.com/article/insurance/best-pet-insurance-companies   In their conversation, the Nerds discuss: pet emergency costs, pet insurance, emergency vet bills, pet emergency fund, veterinary expenses, unexpected pet expenses, pet care costs, saving for pet emergencies, pet health care, pet emergency planning, emergency pet care, financial preparation for pet emergencies, pet savings accounts, budgeting for pets, cost of pet care, pet insurance policies, veterinary emergencies, pet health insurance, affordable pet care, emergency vet visits, pet financial planning, veterinary care costs, pet expense management, planning for pet emergencies, pet healthcare credit cards, financial tips for pet owners, pet care budgeting, veterinary costs, pet emergency savings, pet expense planning, veterinary hospital costs, pet medical bills, emergency pet insurance, pet financial assistance, pet healthcare expenses, and veterinary treatment costs. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, August 14, 2024

Back-to-School Budgeting: Strategies to Save on School Supplies

Learn budgeting and money-saving tips for back-to-school shopping to avoid debt and make the most of sales and discounts. What are the best ways to save on back-to-school shopping? How much do people usually spend on school supplies? Hosts Sean Pyles and Anna Helhoski dive into the latest NerdWallet survey results on back-to-school shopping, revealing spending habits and budgeting strategies. NerdWallet’s Sara Rathner joins the conversation to discuss the survey and provide actionable tips on saving money, avoiding debt, and making the most of sales and secondhand purchases. Then, Sean and Anna discuss recent money headlines, including jobless claims and market reactions, along with the latest developments in mortgage rates and housing trends.  You can find NerdWallet’s guide to first-time home buyer loans and programs here: https://www.nerdwallet.com/article/mortgages/programs-help-first-time-homebuyers   In their conversation, the Nerds discuss: back-to-school shopping, budgeting tips, school supplies, avoiding debt, money-saving tips, personal finance, credit cards, shopping habits, financial planning, student expenses, cash-back rewards, sales and discounts, secondhand shopping, inflation impact, spending strategies, jobless claims, mortgage rates, housing market trends, school budgeting, smart shopping, debt management, financial tips, online shopping, buy now pay later, cashback apps, coupon codes, price tracking, first-time home buyers, home buying tips, mortgage guide, financial news, back-to-school deals, credit card usage, debt prevention, family budgeting, and financial literacy. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, August 12, 2024

Expert Budgeting and Spending Tips from a Live Financial Planning Session (Video Episode)

Hear an actual financial planning session where a CFP advises a listener on transforming her budget and spending habits. NerdWallet Advisors is no longer accepting new clients, and will be closing its financial planning business as of December 20th, 2024. Magda Doemeny, a certified financial planner from the NerdWallet Advisors platform, gives a listener specific advice to improve their finances (advice given on behalf of Nerdwallet Advisors, not NerdWallet). Brinker, the listener, is struggling with spending habits that she calls “irresponsible” and  how to manage some of her debt. She discusses her upbringing, financial challenges, and goals while Magda offers insights and strategies to help her improve her finances. The episode delves into methods for tracking spending habits, setting financial goals, and developing better money management practices to achieve financial stability. Magda also guides Brinker on creating a budget, prioritizing debt repayment, and implementing behavioral changes to curb impulsive spending.  As mentioned by Sean, here is NerdWallet’s list of the best high-yield savings accounts: https://www.nerdwallet.com/best/banking/high-yield-online-savings-accounts   ​​NerdWallet Advisory LLC (dba NerdWallet Advisors) is an SEC-registered investment advisor, and wholly owned subsidiary of NerdWallet, Inc. The advice provided in this episode of Smart Money was for illustrative purposes only and not intended as financial or investment advice specific to your personal facts or circumstances. In their conversation, the Nerds discuss: financial planning session, budgeting, debt management, savings, spending habits, financial goals, high yield savings accounts, ways to curb spending habits, financial planning session, how to manage debt effectively, strategies for paying off credit card debt, how to curb spending, budgeting apps, Uber Eats, Uber habits, splurging, what it’s like working with a financial advisor, impulse buying, lifestyle creep, money mindset, spending habits, financial goals, and actionable financial strategies.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, August 08, 2024

Budget-Friendly Pet Care: Demystifying Pet Insurance and Hidden Costs

Learn to navigate pet insurance options, costs, and smart budgeting strategies for your pet's health care. Is pet insurance worth it? How can pet owners afford the rising costs of veterinary care? Hosts Sean Pyles and Ronita Choudhuri-Wade discuss the ins and outs of pet insurance and various budgeting strategies to help you manage pet care expenses effectively. They begin with a discussion of the importance of pet insurance amidst escalating vet bills, with tips and tricks on the potential financial benefits of pet insurance, the low adoption rate of pet insurance in the US, and interesting trivia like the first US pet insurance policy issued for Lassie. Then, NerdWallet pet insurance expert Sarah Schlichter joins Sean and Ronita to discuss the basics of pet insurance. They discuss the different types of pet insurance plans available, common misconceptions about pet insurance, and other critical factors to consider, such as deductibles, co-pays, and policy exclusions. Plus: potential hidden fees and the nuances of claim payouts, key features to look for when comparing providers, and alternative financial strategies such as vet subscription services. Read NerdWallet’s article about the best pet insurance companies for 2024: https://www.nerdwallet.com/article/insurance/best-pet-insurance-companies   In their conversation, the Nerds discuss: pet insurance, pet care budgeting, saving on vet bills, veterinary costs, pet insurance options, pet insurance costs, pet care solutions, financial side of pet care, pet insurance explained, pet insurance basics, navigating pet care costs, pet insurance coverage, pet insurance plans, understanding pet insurance, pet insurance benefits, pet insurance for dogs, pet insurance for cats, wellness care for pets, accident and illness insurance, pet insurance premiums, hidden fees in pet insurance, claim payouts, deductibles and copays, policy exclusions, reading sample plans, comparing pet insurance providers, dental disease coverage, alternative treatments for pets, behavioral therapy for pets, dedicated savings accounts for pets, vet subscription services, pre-existing conditions, choosing pet insurance, budget and risk tolerance, economic euthanasia, advanced veterinary treatments, pet insurance trivia, Lassie pet insurance, high-yield savings accounts for pets, and pet insurance misconceptions. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, August 07, 2024

Fed Could Finally Cut Rate Soon: What Would That Mean for You?

Learn how the Fed's interest rate decisions impact your finances and get insights on retirement readiness and brokerage outages. What does the Fed's recent decision to maintain the current interest rate mean for you? How will a potential rate cut in September impact your finances? Hosts Sean Pyles and Anna Helhoski discuss the implications of the Federal Reserve's latest moves and what you can expect from a potential rate cut in the near future. NerdWallet’s Senior Economist Elizabeth Renter joins them to provide insights and actionable takeaways on how these changes could affect your credit cards, mortgages, and overall financial strategy. Unsure of how prepared you are for retirement? Check out NerdWallet’s retirement calculator: https://www.nerdwallet.com/calculator/retirement-calculator   Then, they dive into the latest money headlines, including the alarming state of Americans' retirement preparedness and the recent brokerage outages that left many investors locked out of their accounts. The episode aims to leave you with a better understanding of how to navigate economic changes, prepare for retirement, and manage your investments effectively. In their conversation, the Nerds discuss: Fed interest rates, Federal Reserve, rate cuts, inflation, economic outlook, mortgage rates, credit card rates, unemployment rate, financial news, retirement savings, stock market, investment strategies, consumer spending, economic data, inflation rates, interest rate changes, economic growth, financial planning, loan interest rates, savings strategies, 401k plans, financial stability, market trends, stock trading, retirement planning, economic policy, job market, inflation impact, debt management, financial independence, stock market news, and Fed decisions. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, August 05, 2024

FIRE Up Your Finances with Early Retirement and Credit Card Reward Tips

Discover strategies for achieving early retirement with the FIRE movement and learn how to maximize your credit card rewards. How much do you have to save if you want to retire early? Can you double your credit card rewards by paying off one card with another? Hosts Sean Pyles and Elizabeth Ayoola discuss the FIRE movement and maximizing credit card rewards to help you understand how to achieve financial independence and optimize your financial strategies. They begin with a discussion of the FIRE movement, with tips and tricks on understanding different FIRE strategies (Lean FIRE, Fat FIRE, Barista FIRE), adapting financial goals to individual circumstances, and the feasibility of saving significant portions of income amidst rising living costs and inflation. Then, credit card Nerd Erin Hurd joins Sean to discuss maximizing credit card rewards. She explains the impossibility of doubling rewards by paying off one card with another, effective strategies for couples to maximize credit card points like leveraging multiple sign-up bonuses and using authorized users, and the best and worst ways to redeem credit card points, emphasizing considerations such as point expiration, the impact of inflation on point value, and the importance of having a realistic plan for point usage. You can find NerdWallet’s deep dive analysis on the current value of many top airline and hotel programs here: https://www.nerdwallet.com/article/travel/airline-miles-and-hotel-points-valuations   In their conversation, the Nerds discuss: FIRE movement, financial independence, retire early, early retirement strategies, saving for retirement, credit card rewards points, maximizing credit card points, credit card strategies, signup bonuses, strategic spending, redeeming points, point expiration, inflation impact, credit card authorized users, pooling points, credit card hacks, financial freedom, meaningful work, balancing life and finances, personal freedom, cost of living, inflation, saving income, balance transfers, 0% intro apr, credit card myths, reward points, spending management, travel points, cashback, redeeming points, financial decisions, optimizing rewards, financial goals, and retirement planning. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, August 01, 2024

Overcome Rising Veterinary Costs: Affordable Pet Care Tips

Learn how you can balance the joy and financial responsibility of having a pet without having to compromise either of them. How much does it cost to own a pet? How can you make pet care affordable without compromising quality? Hosts Sean Pyles and Ronita Choudhuri-Wade share personal stories about their pets and discuss the rising costs of veterinary care to help you understand how to manage pet expenses effectively. They discuss various financial aspects of pet ownership, including tips and tricks on managing the rising costs of veterinary services, creating a rainy day fund for pet emergencies, and leveraging community support for pet-sitting. Chloe Butler, a new kitty parent in Tulsa, also joins the show to talk about the process of becoming a pet owner. Dr. Jennifer Scarlett, veterinarian and CEO of the San Francisco Society for Prevention of Cruelty to Animals (SPCA), joins Sean and Ronita to discuss strategies for affordable pet care and making informed decisions about pet adoption. They discuss the time and financial resources required for pet ownership, tips for sourcing cost-effective pet supplies and treats, and common financial pitfalls new pet owners should avoid.  In their conversation, the Nerds discuss: affordable pet care, pet ownership costs, pet care tips, financial responsibility for pets, cost-effective pet care, veterinary expenses, pet rainy day fund, multiple pets benefits, pet enrichment items, pet treats, travel with pets, community pet support, pet sitting tips, pet setup costs, ongoing pet maintenance, pet adoption considerations, pet insurance, unexpected vet expenses, pet financial planning, pet budgeting tips, pet parent tips, pet parenting guide, financially responsible pet ownership, managing pet expenses, maximizing pet joy, pet ownership challenges, pet care strategies, pet quality of life, pet grooming costs, pet food costs, pet medical needs, pet social needs, pet adoption fees, and pet community building. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, July 31, 2024

Financial, Crypto Oversight On the Ropes After Supreme Court Overturns a 40-Year Precedent

Learn how a recent Supreme Court decision impacts financial regulations and crypto, plus the latest money news and travel tips. Is the end of the Chevron deference really going to shake up the world of financial regulations? What does this mean for the future of crypto investments? Hosts Tess Vigeland and Anna Helhoski and NerdWallet investing writer Sam Taube discuss the Supreme Court’s recent decision in Loper Bright Enterprises v. Raimondo, and how overturning the 40-year-old Chevron deference is set to impact everything from workplace safety to the environment. They discuss how this decision might loosen federal regulations and what it means for the finance industry moving forward. Then, they cover the latest money headlines, including the Federal Reserve’s interest rate decisions, the California Supreme Court ruling on gig workers, and Southwest Airlines’ change in seating policy. You’ll walk away with a better understanding of how these changes affect inflation measures, gig economy labor laws, and the travel experience for frequent flyers.” In their conversation, the Nerds discuss: supreme court decision, financial regulations, crypto investment, chevron deference, loper bright enterprises, federal regulatory agencies, investment regulations, crypto deregulation, securities and exchange commission, commodity futures trading commission, noncompete agreements, federal trade commission, investor protections, congressional regulations, federal court cases, health care regulations, environmental regulations, workplace safety regulations, taxation of cryptocurrency, legal ramifications, business rules, investment products, crypto ETFs, ethereum ETFs, staking yield, prediction markets, event contracts, political event contracts, election betting, personal consumption expenditures, inflation measures, interest rates, gig economy labor laws, independent contractors, employee benefits, california supreme court, southwest airlines seating policy, travel experience, economic indicators, gross domestic product To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Like what you hear? Please leave us a review and tell a friend.

Mon, July 29, 2024

Unlock Life Insurance Secrets: Investing, Variable Policies, and Financial Growth

Explore life insurance as an investment tool, understand variable and infinite banking, and navigate complex insurance choices. What’s the right life insurance policy for you? What is “infinite banking” and how hard is it to set up? Hosts Sean Pyles and Sara Rathner discuss the intricacies of life insurance as both a protective measure and a financial instrument to help you understand its potential for investment and financial growth. NerdWallet insurance pro Lisa Green joins Sean and Sara to explain term life insurance and more complex life insurance options, such as variable life insurance, and the concept of “infinite banking.” They discuss the nuances of investing extra money into the cash value of a permanent life insurance policy, highlighting guaranteed interest rates versus market risks, and who might benefit from these types of policies. Additionally, they delve into the infinite banking concept, explaining how it works, the financial discipline it requires, and potential pitfalls. This episode is designed to help listeners navigate their life insurance choices and create a balanced financial plan. In their conversation, the Nerds discuss: term life insurance, permanent life insurance, life insurance investment, life insurance premiums, variable life insurance, infinite banking, cash value life insurance, life insurance strategies, life insurance options, term vs permanent life insurance, life insurance costs, life insurance benefits, financial planning, life insurance risks, borrowing against life insurance, financial growth, investing in life insurance, high-yield investments, insurance market risks, life insurance for smokers, funeral expense insurance, and financial security. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, July 25, 2024

How to Negotiate Your Salary to Boost Earnings and Benefits

Learn how to negotiate for a higher salary and better benefits when you get a job offer. Plus: Tips for boosting your earning potential. What are the best ways to negotiate for a higher salary?  How can you elevate your earnings and overall compensation package?  Hosts Sean Pyles and Alana Benson discuss strategies for increasing your income and negotiating for a raise to help you understand how to navigate salary discussions confidently and effectively. Alana speaks with Catherine Tinsley, Raffini Professor of Management at Georgetown University’s McDonough School of Business, about who should make the first offer, how to leverage market data, and the challenge of overcoming emotional hurdles. They also discuss the benefits of changing jobs for higher salary potential, practical advice on boosting your earning potential, and why understanding power dynamics and perceived expertise could help you come out ahead in your next negotiation. In their conversation, the Nerds discuss: salary negotiation, negotiation tactics, boost earnings, salary raise tips, new job offer negotiation, making the first offer, leveraging market data, non-monetary benefits, workplace negotiations, power dynamics, preparing for negotiations, managing emotions, marginalized group challenges, increasing income strategies, transparent salary discussions, job offer components, vacation time negotiation, remote work negotiation, company equity negotiation, continuing education negotiation, making the first salary offer, external labor market information, practical negotiation strategies, salary transparency, mutual problem solving, negotiation confidence, salary benchmarks, transparent salary data, anchoring in negotiation, power in negotiations, emotional hurdles negotiation, interdependence in negotiation, negotiation preparation, asking for a raise, and leveraging outside offers. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, July 22, 2024

When It’s Time to Focus on Investing Instead of Paying Off Debt

Hear different perspectives on how to pay off debt — and when to stop paying off debt to focus on investing your money. When should you prioritize investing over paying off debt? What are different debt payoff methods to help you become debt-free? Hosts Sean Pyles and Elizabeth Ayoola and NerdWallet debt writer Tiffany Curtis answer a listener’s question about balancing debt payoff and investing. They start by breaking down the debt snowball and debt avalanche methods of paying off debt, then delve into the pros and cons of investing while paying off debt. In their conversation, the Nerds discuss: debt repayment, debt snowball method, debt avalanche method, debt-free life, loan repayment, high-interest car loans, mortgage repayment, strategic repayment, debt payoff strategies, investing vs. debt payoff, loan payoff methods, interest rates, small victories, analytical approach to financial decisions, financial personality, debt motivation, high-interest loans, loan prioritization, mortgage loans, car loans, investment vs. debt, debt repayment tips, debt payoff journey, financial goals, debt payoff plan, interest to investment, financial trajectory, and long-term financial planning. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, July 18, 2024

Boost Your Career and Income Prospects with Expert LinkedIn Tips

Learn how to optimize your LinkedIn profile to enhance your job and income prospects with tips from LinkedIn’s Andrew McCaskill. What are recruiters looking for on LinkedIn? What’s the best way to optimize your LinkedIn profile? Hosts Sean Pyles and Alana Benson discuss LinkedIn optimization and professional growth to help you understand how to leverage the platform for career success. They begin with a discussion of LinkedIn optimization, with tips and tricks on highlighting essential skills, sharing engaging content, and maintaining regular engagement on the platform. Then, Andrew McCaskill, a senior director and career expert at LinkedIn, joins the show to discuss maximizing job opportunities on LinkedIn. He discusses the surprising benefits of setting up job alerts, nurturing professional connections, and using relevant keywords to enhance visibility in recruiters' searches. In their conversation, they also delve into crucial aspects of career growth and safety on LinkedIn, including how to identify red flags for job scams, understand companies' commitments to diversity and inclusion, and have open conversations about salary transparency.  In their conversation, the Nerds discuss: LinkedIn optimization, job search, professional networking, income boost, career growth, LinkedIn profile, job alerts, recruiter tips, LinkedIn insights, skills summary, career advancement, professional connections, salary transparency, job scams, LinkedIn features, profile keywords, hard skills, soft skills, diversity and inclusion, resume optimization, salary negotiation, Glassdoor, Elpha, job applications, AI tools, cover letters, LinkedIn engagement, professional visibility, career potential, job referrals, LinkedIn safety, LinkedIn content, wage estimates, LinkedIn job hunting, LinkedIn networking, career decisions, compensation conversation, job market, and LinkedIn profile photos. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, July 17, 2024

Navigate Amazon Prime Day Like a Pro: Overcome Hype and Maximize Savings

Learn to navigate Amazon Prime Day deals, track prices, and avoid overspending with expert shopping strategies and tools. Are Amazon Prime Day deals truly worth it, or are they just savvy marketing tactics? Hosts Anna Helhoski and Sara Rathner explain how consumers can identify genuine bargains amidst the sea of discounts. NerdWallet writer Tommy Tindall joins them to discuss the evolution of Prime Day from its inception in 2015 to its current status as a major shopping event, shedding light on the difference between list prices and typical prices to help listeners make more informed purchasing decisions. They begin with a discussion of the significance of price tracking tools, offering tips and tricks on leveraging CamelCamelCamel and Keepa, maintaining skepticism toward discounts, and understanding dynamic pricing patterns. In their conversation, the Nerds discuss: Amazon Prime Day, Prime Day deals, online shopping tips, genuine bargains, price tracking tools, Amazon marketing tactics, avoiding inflated discounts, making smarter buying decisions, online shopping pitfalls, Prime Day strategy, list prices vs typical prices, skepticism in online deals, price history tracking, dynamic pricing, Amazon price drops, Walmart sales, Target sales, cashback apps, Black Friday in July, Amazon competitors, Best Buy sales, overspending traps, necessary purchases, back-to-school deals, tech gadgets, Amazon devices, Echo deals, Kindle Fire deals, Apple product deals, electronics discounts, noise-canceling headphones, baby gear deals, toy discounts, Dyson vacuum sales, kitchen gadgets, and Amazon essentials. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, July 15, 2024

Unlock Financial Opportunities for Women: Jean Chatzky on Investing, Negotiating, and More

Learn about salary negotiation and investing strategies and how they can be especially helpful for women facing unique personal finance challenges. What financial challenges do women uniquely face? How can people find financial peace in a stressful world? Hosts Sean Pyles and Sara Rathner share some “money hot takes” before turning the conversation towards addressing the unique financial hurdles women face. HerMoney podcast host Jean Chatzky joins Sean to discuss the impact of the gender pay gap and caregiving responsibilities on women's financial security, the strengths women bring to investing, and practical strategies for negotiating better salaries and investing confidently.  In their conversation, the Nerds discuss: finances for women, financial empowerment, personal finance, financial education, investing for women, employee benefits, health insurance, paid sick leave, financial literacy, caregiving responsibilities, financial confidence, investing strategies, retirement savings, salary negotiation, financial partnerships, financial peace, money management, budgeting tips, financial opportunities, women investors, financial planning, systemic barriers, the gender pay gap, financial prudence, financial security, trading frequency, financial independence, long-term planning, financial stress, financial wellness, high-interest debt, and emergency funds. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, July 11, 2024

Increase Your Income with Practical Tips for Salary and Career Growth

Discover career growth strategies to boost your income, including negotiating raises, and navigating promotions and mentorship. What are some of the best ways to increase your income?  What are strategies for negotiating a higher salary and excelling in your current role?  Hosts Sean Pyles and Alana Benson discuss career growth techniques and salary negotiation strategies to help you understand how to maximize your earnings and achieve financial stability. They begin with a discussion of the importance of increasing your income rather than solely focusing on cutting expenses, breaking down the long-term financial difference that seemingly small increases in your income can make over the course of your career.  Then, “The Job Doctor” Tessa White joins Alana to discuss how to excel in your current role and position yourself for promotions and raises within an organization. They discuss the necessity of understanding the true expectations of your role, measuring your contributions through tangible metrics and effectively communicating your value to your organization. Additionally, they explore the importance of informal mentorship and how to enhance your skills by observing and learning from those who excel in specific areas. In their conversation, the Nerds discuss: career strategies, income potential, salary negotiation, financial stability, career growth, job market, financial future, career success, career advancement, career coaches, raise negotiations, job offers, informal mentorship, skill enhancement, job promotion, financial goals, earnings increase, career metrics, value proposition, workplace visibility, career mentors, market value, career coach, industry experience, job stability, promotion strategies, income jump, salary bump, corporate growth, financial planning, income investment, and company red zones. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, July 10, 2024

Mind the “Middle Skills” Gap: Aligning Education with Today’s Job Demands

Discover how to align education with job market demands, tackling underemployment and economic stagnation in “middle skills” jobs. What are “middle skills” and why are they in high demand? What are the economic implications of misalignment between middle skills credentials and job market demands? Hosts Sean Pyles and Anna Helhoski discuss the misalignment in the labor market concerning middle skills credentials and the impact of place-based policies on local economies to help you understand the complexities and challenges in securing middle skills jobs. They begin with a discussion of the misalignment between middle skills credentials and local job markets, with tips and tricks on recognizing high-demand fields, avoiding oversaturated programs, and the importance of aligning education with job market needs. Then, Anna speaks with Zach Mabel, one of the co-authors of “The Great Misalignment,” a new report from Georgetown University Center on Education and the Workforce. He discusses the challenges of place-based policies and their impact on middle skills training disparities. They discuss the racial and ethnic disparities in accessing middle skills programs, the funding challenges faced by public community colleges, and the importance of strategic alignment between educational programs and labor market demands to improve job placement and economic outcomes. Sean and Anna then break down the latest money headlines, including monthly job figures, a federal judge temporarily stopping the Federal Trade Commission’s ban on corporate non-compete agreements, and a new report from the Federal Trade Commission on pharmacy benefit managers. In their conversation, the Nerds discuss: future-proofing, middle skills jobs, job market demands, economic challenges, workforce insights, local economies, middle skills training, labor market alignment, education and job market, underemployment, economic stagnation, blue-collar jobs, business degrees, general studies degrees, place-based policies, racial disparities, ethnic disparities, community colleges, funding obstacles, job placement, economic outcomes, employment figures, corporate non-compete agreements, labor market, job credentials, associate degrees, trade schools, technical colleges, underproduction, credential overproduction, job openings, low-paying jobs, economic mobility, urban-rural divide, institutional employer partnerships, post-college movement patterns, free tuition programs, non-compete clauses, PBMs, the FTC, and middle skills providers. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, July 08, 2024

How Much Can You Really Make from a Side Hustle Like DoorDash?

Understand how much extra income you could get from a side hustle like DoorDash and get a budgeting and investing basics refresh. 00:40 This Week in Your Money: How much extra money can you really make from side hustles? What are budgeting and early investment strategies for young professionals? Hosts Sean Pyles and Sara Rathner discuss the realities of gig economy jobs with Tommy Tindall, a NerdWallet writer who tried working for DoorDash to see what kind of income it would give him. He shares tips and tricks on the ease of starting with DoorDash, the practical challenges involved, and how your location and lifestyle can impact your earnings. 11:08 Today’s Money Question: Host Elizabeth Ayoola joins Sean and Sara to help answer a listener question from a recent college graduate about early investment strategies. They discuss how young professionals can apply the 50/30/20 rule to their finances, the importance of setting clear savings goals, and how to start investing at a young age. They discuss the benefits of starting investments early, the differences between active and passive investing options, and the importance of automating investments to build wealth over time.  In their conversation, the Nerds discuss: budgeting basics, side hustles, early investing, gig economy, financial planning, saving strategies, compound interest, passive investing, active investing, working for DoorDash, supplemental income, young professionals, financial tips, retirement calculators, IRA benefits, flexible budgeting, money goals, investment strategy, automation in finance, personal finance, tax benefits, savings accounts, financial foundation, robo-advisors, ETF investments, high yield savings accounts, debt repayment, financial pitfalls, emergency fund, savings goals, financial goals, practical saving tips, visualization exercises, setting financial goals, low tax rates, short-term savings, long-term savings, reverse budgeting, and investment automation. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Bonus · Thu, July 04, 2024

How Can You Make Sure You Get Paid On Time? Introducing "Working Overtime" from Slate

As a freelancer or gig worker, how can you make sure you get paid on time? In this special presentation of Working from Slate Podcasts, hosts Ronald Young Jr. and June Thomas talk money, finances, and getting paid as a freelancer in a tough economy. They recount their own frustrating experiences with not getting paid on time and offer tips on how avoid those situations. Listen to Working wherever you get your podcasts. Learn more at https://slate.com/podcasts/working

Wed, July 03, 2024

Home Sweet (Expensive) Home: Navigating a Tough Housing Market

Understand why the current housing market is so challenging, how people can afford to buy a home, and what’s next for interest rates. How are people able to afford to buy a home in the current housing market? When will houses be affordable again? Hosts Anna Helhoski and Tess Vigeland (filling in for Sean) discuss the current state of the housing market with NerdWallet home and mortgages expert Holden Lewis, exploring factors such as high mortgage rates, slow home sales, and high prices. They explore the various factors that have made homebuying so difficult and what potential buyers can do to navigate this tough market. Then, they break down the latest money headlines, including student loan forgiveness being blocked in two states, the IRS running into customer service issues, and a new California law that will add financial literacy to high school curriculums. In their conversation, the Nerds discuss: the housing market, mortgage rates, homebuying tips, real estate trends, home insurance, first-time homebuyers, high mortgage rates, home affordability, real estate market, mortgage rates 2024, housing market forecast, home prices, real estate investment, housing market trends, property market, home insurance costs, homebuying guide, home sales, buying a home, home ownership, housing crisis, real estate tips, home insurance, mortgage trends, real estate news, home equity, mortgage rates today, real estate market forecast, housing market analysis, real estate market trends, home buying tips, and mortgage loan tips. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, July 01, 2024

Refresh Your Finances with Money Cleansing, Investing, and Family Travel Tips

Get a breakdown of the hottest tips from Smart Money this year, including wealth-building strategies and managing money in relationships.  How can you make your money work for you?  What’s the best way to save on group travel?  Host Sean Pyles presents some of the most impactful conversations we’ve had on Smart Money in order to help you make better decisions about your finances. 00:54 30-Day Money Cleanse: NerdWallet’s Kim Palmer talks to Ashley Feinstein Gerstley, author of The 30-Day Money Cleanse, to help you understand how small changes can make a significant impact on your financial health. They begin with a discussion of the financial cleanse, with tips and tricks on aligning spending with personal values, creating lasting habits in 30 days by using a method that has saved others an average of $950 over 30 days — without feeling deprived.  05:19 Wealth Building Strategies: NerdWallet’s Kim Palmer and Alana Benson discuss investment strategies and tax planning to help you understand how to navigate your financial journey effectively. They discuss investment strategies, with tips and tricks on understanding different investment accounts like 401(k)s and IRAs, leveraging compound interest, and the importance of starting investments early.  11:54 Group Travel Deals: What are the best strategies for using travel points and credit cards to your advantage when planning group trips? NerdWallet’s Meghan Coyle and Erin Hurd discuss the nuances of booking flights for groups, including how to navigate seat selection fees and what it means to earn status with an airline as part of your credit card rewards. 16:49 Money and Relationships: Host Elizabeth Ayoola interviews Rianka Dorsonville, a self-employed certified financial planner, about critical questions to consider before embarking on your entrepreneurial journey.  22:04 Vivian Tu on Building Wealth: How do you talk about money with your romantic partner? Personal finance journalist and podcaster Nicole Lapin joins NerdWallet’s Sean Pyles to talk about the delicate balance of finance in friendships and romance.  In this episode, the Nerds discuss: financial wellness, saving strategies, money habits, wealthy future, financial success, building wealth, group travel, financial cleanse, travel hacks, emergency fund, compound interest, 401k benefits, tax advantages, family travel, elite status, seat selection fees, travel credits, self-employed budgeting, money mindsets, entrepreneurs, financial planning, sustainable saving habits, increasing income, investment accounts, financial stability, money stress, conscious spending, intentional finances, financial reset, basic economy, airline partnerships, premium travel credit cards, side hustles, and retirement planning.<

Thu, June 27, 2024

Estate Planning Essentials: What to DIY and When to Lawyer Up

Learn why estate planning is important even if you don’t own a lot of assets, along with when to ask for professional help. Why is estate planning important?  What happens to your assets when you die without an estate plan?  Hosts Sean Pyles and Dalia Ramirez discuss the essential aspects of estate planning and the common misconceptions that often deter people from creating an estate plan. They begin with a discussion of the critical importance of having a will, with tips and tricks on keeping updated records, managing assets and understanding the role of a will in preventing lengthy probate processes. Then, RK Law PC Managing Attorney Regina Kiperman joins Dalia to discuss various tools and strategies available for effective estate planning. They discuss the importance of clearly identifying witnesses in a will, the scenarios where hiring an attorney is essential, and the necessity of advance directives, power of attorney and healthcare proxies. The conversation features actionable advice on managing your will and advance directives, highlights the emotional and financial relief that estate planning can offer surviving family members, and encourages proactive steps to ensure peace of mind for loved ones. In their conversation, the Nerds discuss: estate planning, securing your legacy, family future, will preparation, protecting assets, probate process, estate plan importance, managing assets, reverse mortgages, Medicaid trusts, key life events, baby estate plan, retiring estate plan, property multiple states, proper documentation, estate planning tips, DIY estate planning, getting professional legal help, emotional relief, financial relief, surviving family members, avoiding probate, asset distribution, wealth management, creating a will, updating records, healthcare proxies, power of attorney, advance directives, legal issues, estate planning misconceptions, affordable estate planning, tax planning, Medicaid planning, business succession planning, contesting a will, trust funding, self-proving affidavit, and witness identification. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, June 26, 2024

Beauty and the Budget: How to Stress Less About the Costs of Looking Good

Learn about the financial impact of beauty expenses, societal pressures behind them, and tips for managing beauty-related costs. Are beauty purchases worth the financial stress? How do beauty-related expenses impact our budgets? Hosts Sean Pyles and Anna Helhoski discuss the rising costs of beauty products, services, and procedures and how they are leading to financial stress and debt among Americans. They explore the results of a recent survey that highlight the financial strain these expenses can cause and provide actionable tips on managing these costs. They also discuss the societal pressures driving beauty spending, from social media influences to the concept of “pretty privilege.” Then, Sean and Anna break down this week’s financial headlines, including the impending student loan forgiveness deadline, a drop in construction of new homes, and Thursday’s presidential debate. In their conversation, the Nerds discuss: beauty expenses, financial stress, beauty products, budgeting tips, beauty procedures, debt management, beauty survey, societal pressures, beauty spending, financial impact, cosmetic procedures, beauty purchases, social media influence, pretty privilege, budgeting beauty, beauty-related debt, skincare costs, hair care expenses, beauty services, managing beauty costs, cosmetic surgeries, self-care economy, beauty budget, financial planning, beauty spending trends, personal finance, debt for beauty, beauty treatments, beauty industry, financial wellness, cosmetic expenses, beauty product costs, and money management. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, June 24, 2024

Give Yourself a Mid-Year Money Check-in for a Smarter Summer, with Shannah Game

Beat the financial heat with fun summer savings tips and get mid-year financial check-up strategies for a stress-free season. Summer Activity Guide: What free things can you do to have a fun summer? Hosts Sean Pyles and Sara Rathner discuss summer money-saving tips to help you understand how to balance fun and finances during the warm months. They begin with a discussion of budget-friendly summer activities, offering tips and tricks on utilizing public facilities like pools and tennis courts, attending free outdoor events, and organizing potlucks with friends.  Mid-Year Money Check-in: How can a mid-year money check-in help your finances? Shannah Game, host of the podcast Everyone’s Talkin’ Money, joins Sean to discuss the importance and practicality of reviewing your finances this summer. They discuss overcoming emotional and mental blocks about money, practical exercises like "Rose, Bud, and Thorn" and the "Why, Where, What, and How" framework, and recognizing how emotions influence financial decisions. They also discuss tactics for setting small, manageable financial goals, the significance of community support, and how you can scrutinize every expense to ensure it aligns with your values and propels you toward your financial aspirations. Learn more about Everyone’s Talkin’ Money: https://everyonestalkinmoney.com/   In their conversation, the Nerds discuss: summer savings, financial check-up, money-saving tips, affordable summer fun, mid-year financial tune-up, money management tips, summer budget, financial health, emotional money management, small financial goals, community support, transparency in finances, public pools, free outdoor events, budget-friendly potlucks, hiking, public libraries, free museum admission, second-run theaters, car insurance shopping, checking beneficiaries, cell phone savings, internet savings, down payment savings, emergency savings, financial milestones, financial aspirations, financial progress, self-care, financial empowerment, money goals, summer activities, and affordable entertainment. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, June 20, 2024

How to Navigate Income Swings in a Creative Career

Discover how to navigate financial uncertainty in a creative career with insights from a jazz saxophonist's personal journey. How can creative professionals manage financial uncertainty in their careers?  What are the essential financial strategies for artists dealing with fluctuating income? Hosts Sean Pyles and Abby Badach Doyle discuss the financial challenges in creative careers and strategies for overcoming them to help you understand how to thrive financially while pursuing your passion. They begin with a discussion of the unique financial hurdles faced by musicians, artists and writers, with tips and tricks on managing unpredictable income, the importance of saving and maintaining mental health amidst financial instability.  Then, jazz saxophonist Roger Romero joins Abby to discuss his personal journey to a full-time music career. They discuss the support systems needed for a successful creative career, the logistics of managing seasonal income and advice for aspiring artists who are considering full-time careers pursuing their passions. Romero's insights provide valuable lessons on building a supportive community, continuously learning and developing skills, and the importance of financial planning for long-term success.  In their conversation, the Nerds discuss: thriving in the arts, creative careers, music industry, financial stability, navigating income swings, student debt, pursuing passion, artistic ambition, financial balance, creative journey, performing and teaching, continuous learning, music gigs, financial planning, supportive community, building a reputation, managing unpredictable income, mental health, financial challenges, seasonal income, saving money, tax season, professionalism, creative fulfillment, careers in music, supportive family, engineering to music, odd jobs, wedding band gigs, social media networking, music production, gear investments, teaching music, networking in music, and financial unpredictability. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, June 19, 2024

The "New" Meaning of Inflation and How It's Impacting Your Finances

Understand the evolving definition of inflation, potential changes to medical debt reporting and their impact on your finances. Why does the consumer’s perception of inflation differ from the economist’s perspective? How does this shift in understanding impact our economy? Hosts Sean Pyles and Anna Helhoski talk about the gap between how regular people and economists talk about inflation and what this means for consumers. Chief Financial Correspondent at Axios and host of the Slate Money podcast, Felix Salmon, joins the show to discuss as well. Then, they explore the proposed Consumer Financial Protection Agency rule to keep medical debt off credit reports to help you understand how this could impact your credit score and financial well-being. You’ll walk away with a better understanding of the evolving definition of inflation, the potential changes to medical debt reporting, and how these shifts could influence your financial decisions. In their conversation, the Nerds discuss: inflation, medical debt, credit report, cfpb rule, consumer price index, economic impact, wage growth, financial news, inflation rate, credit score, debt reporting, financial advice, consumer perception, financial literacy, personal finance, economic trends, credit reporting agencies, election impact, financial podcast, smart money, debt management, economic discourse, financial wellbeing, inflation growth, finance tips, debt relief, money management, credit agencies, wage inflation, credit rules, debt collection, financial insights, money news, medical bills, credit impact, financial planning, debt impact To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, June 17, 2024

Mathew Knowles on Drive, Success, and Destiny's Child: Presenting Earn & Invest

What drives Mathew Knowles, respected record executive, entrepreneur, author, public speaker, and father to Beyonce and Solange? This special presentation of the podcast Earn & Invest delves into what drove him to succeed and how drive has been both a positive and a negative in his life. The Earn & Invest podcast features thought-provoking conversations intended to empower you to earn and invest wisely, shaping your future while making informed decisions today. Every Monday, wide-ranging panel discussions explore various financial topics, fostering engaging conversations that challenge conventional wisdom and provide fresh perspectives. On Thursdays, Earn & Invest features individual interviews that offer deep insights from experts who share their experiences and expertise. The show's goal is to equip you with the essential questions necessary to navigate a richer path towards not only financial independence but living a life full of purpose, identity, and connections. Listen to Earn & Invest wherever you get your podcasts. Learn more at https://www.earnandinvest.com/

Thu, June 13, 2024

Moving Could Benefit You: Budgeting for a Brighter, Safer Future in the LGBTQ+ Community

Learn how moving could benefit you if you feel compelled to relocate due to safety concerns — and how to budget for a sudden move. How do you financially and emotionally prepare for relocating due to safety concerns?  What are the financial impacts of such a forced move?  Hosts Sean Pyles and Alieza Durana discuss their experiences planning finances for relocations to help you understand the complex challenges faced by individuals seeking safer environments, particularly in the LGBTQ+ community.  Alieza begins by interviewing G Chesler, a non-binary trans person, about their move from Washington DC to Portland, Oregon, providing valuable insight into the necessity of finding a supportive community, navigating healthcare and identity respect, and the emotional relief of living in an affirming environment. Their conversation reveals the deep emotional impact of living in a state that does not recognize or respect one's gender identity, the struggles with accessing appropriate healthcare, and the powerful sense of belonging found in a more accepting community. Then, Alieza speaks with Lindsey Young, founder of the LGBTQ+ focused financial planning and investment management services firm Quiet Wealth, about the financial aspects of relocating for safety. They discuss creating a relocation financial plan, managing the costs associated with a sudden move and the importance of building a supportive community in the new location. They also focus on how to minimize income loss, budget for moving expenses and strategically utilize debt. This episode addresses two pressing issues for the LGBTQ+ community: the urgency of relocating due to hostile environments and the strategies to mitigate the financial strain that accompanies such a move.  In their conversation, the Nerds discuss: LGBTQ+ relocation, financial planning, safe spaces for the LGBTQ+ community, emotional strategies, financial strategies, LGBTQ+ families, moving for safety, affordable cities, remote work, disability accommodations, community exchange networks, gender parity, workplace accessibility, hate crimes, discriminatory laws, queer community, non-binary transition costs, housing costs, sales tax savings, supportive communities, LGBTQ+ support organizations, moving expenses, financial stability, relocating for safety, job stability, moving costs, safety concerns, building connections, gender affirming care, LGBTQ+ legislation, and financial security. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, June 12, 2024

How Consumers Feel About the Economy — and Why It Matters

Learn how consumer sentiment affects the economy and your finances, plus insights on job market trends and inflation impact. How do consumer sentiment indexes work and why should you care about them? What impact do these indexes have on the economy and your personal finances? Hosts Sean Pyles and Anna Helhoski discuss the intricacies of consumer sentiment, highlighting the University of Michigan's Index of Consumer Sentiment and The Conference Board's Consumer Confidence Index. They explain how these reports measure public feelings about the economy and why these sentiments matter in order to help you understand the influence of consumer opinions on economic trends and spending habits. Then, they delve into recent money news headlines, including job market trends and their implications for the economy. By examining the latest employment data, Sean and Anna provide insights into how job growth and unemployment rates influence Federal Reserve decisions and overall economic stability. They also break down the recent movement in GameStop stock following the return of day trader “Roaring Kitty” Keith Gill and explain how your insurance rates could be impacted by your car collecting data on your driving habits. In their conversation, the Nerds discuss: consumer sentiment, economic indicators, job market trends, consumer confidence index, personal finance, inflation impact, recession signs, economic forecasts, financial stability, unemployment rate, Federal Reserve decisions, economic growth, job growth, spending habits, employment data, interest rates, economic stability, financial trends, economic health, stock market trends, meme stocks, financial news, economic conditions, wage growth, business conditions, future economy, inflation rate, economic predictions, financial planning, job market analysis, consumer opinions, economic reports, financial data, job creation, market analysis, and economic insights. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, June 10, 2024

Get Smart on Gambling Money Management, Mortgage Rates and Home Purchases

Learn about the psychology of gambling and smart tips for making home buying decisions amid undesirable interest rates. How can you gamble responsibly?  Should you use all your savings to buy a house outright or take on a high-interest mortgage? 00:48 Gambling Responsibly: Hosts Sean Pyles and Sara Rathner discuss the psychology behind gambling, particularly the concept of intermittent reinforcement. They also provide practical advice for responsible gambling, including how you can set and stick to a budget, understand the odds and know when to walk away. If you are struggling with gambling, then you can call the National Problem Gambling Hotline at 1-800-GAMBLER.  8:32 Today’s Money Question: Mortgage Nerd Kate Wood joins Sean and Sara to answer a listener’s question about whether they should buy a house with cash or take on a mortgage. They discuss the implications of high mortgage rates, the importance of maintaining a financial safety net, and alternative mortgage strategies to consider. In their conversation, the Nerds discuss: gambling, mitigating risk, high-interest mortgages, mortgage rates, responsible gambling, intermittent reinforcement, bankroll management, budget setting, buying a house, homeownership, financial safety net, mortgage strategies, home prices, Federal Reserve, inflation management, recession, financial security, financial conundrum, high yield savings, rent vs. buy, 15-year mortgage, 30-year mortgage, home repairs, home maintenance, private mortgage insurance, mortgage down payment, interest rates, economic indicators, behavioral psychology, understanding odds, financial strategy, liquidity, long-term financial goals, home affordability, economic landscape, mortgage options, and financial planning. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, June 06, 2024

Overcome Impulsive Shopping: Strategies to Resist Social Media Spending

Understand the urge to spend money while scrolling on social media and learn strategies to control impulsive purchases. How does social media influence spending habits? What are practical strategies to spend less money while scrolling?  Hosts Sean Pyles and Amanda Barroso discuss the psychological tricks of social media and emotional spending to help you understand the subconscious factors that drive your online purchases. Amanda interviews Jillian Knight, a licensed marriage and family therapist and founder of the financial planning firm Her Financial Therapy, about the cycle of shame in impulsive buying, the importance of awareness before and during online activity, and practical tips like removing stored credit card information to prevent automatic purchases.  Then, Amanda talks to Dr. Brian Boxer Wachler, a medical director at the Cedars-Sinai Medical Center in Beverly Hills, about the addictive nature of social media. They discuss the dopamine-driven compulsion to scroll, setting app time limits, and engaging in alternative activities that boost dopamine in healthier ways.  Both guests offer insights on how to break the cycle of impulse buying, overcome social media addiction and maintain healthier spending habits, with strategies for recognizing emotional triggers, intentionally disconnecting from social media and finding joy in non-digital activities.  Get NordVPN 2Y plan + 4 months extra here ➼ https://nordvpn.com/smartmoneypod It’s risk-free with Nord’s 30-day money-back guarantee! In their conversation, the Nerds discuss: social media spending habits, emotional spending, impulse buying, social media addiction, financial strain, dopamine and spending, social media and shopping, influencer marketing, targeted advertising, visibility bias, breaking spending habits, online shopping addiction, managing finances, financial therapy, coping mechanisms, digital well-being, financial planning, saving money, consumer behavior, credit card debt, shopping habits, financial stress, mindful spending, psychological tricks, social media traps, one-click purchasing, spending triggers, social media algorithms, dopamine-boosting activities, financial health, impulse purchase prevention, shopping addiction, emotional buying, app time limits, relationship tensions, financial wellbeing, and online consumerism. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, June 05, 2024

Are You Lying on Your Insurance Applications? Here’s What Could Happen

Discover how many people lie on insurance applications and the potential consequences you face when you do so. Is it okay to lie on your insurance application? What are the consequences if you do? Hosts Sean Pyles and Anna Helhoski discuss the findings from a recent NerdWallet survey revealing how many Americans admit to intentionally providing inaccurate information on their insurance applications and delve into the generational and gender differences in attitudes toward this behavior. Learn why people justify these lies and the potential legal and financial repercussions of being dishonest on your insurance forms. Then, they break down the latest money headlines, starting with a promising decline in delinquencies reported by VantageScore. They also discuss the IRS expanding its free filing software program and how a recent decline in grocery store prices could affect your bottom line. In their conversation, the Nerds discuss: insurance fraud, lying on insurance applications, insurance rates, saving money on insurance, insurance applications, insurance deception, financial honesty, life insurance, auto insurance, consumer debt, debt delinquencies, credit score, personal loans, credit card debt, IRS free filing software, Direct File, tax preparation, inflation, grocery prices, lowering grocery costs, Aldi discounts, Target discounts, Amazon Fresh discounts, financial news, insurance industry, high-risk hobbies insurance, marijuana habits insurance, insurance consequences, consumer finance, financial tips, money management, credit health, tax filing season, insurance coverage, and economic trends. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, June 03, 2024

Credit Card Secrets Revealed and How to Balance Multiple Loans

Learn handy tips you probably didn’t know about credit cards and why paying off loans could actually lower your credit score. 00:35 Credit Card Tips: What are some helpful credit card tips? Can paying off your student debt negatively affect your credit score? Hosts Sean Pyles and Sara Rathner discuss insider credit card tips to help you understand our options when shopping for and using credit cards. They begin with tips and tricks on navigating interest rate changes, maximizing reward points, limits on applying for new credit cards, and how you can strategically upgrade or downgrade your credit cards.  6:00 Listener Conversation: Xay from Minnesota joins Sean and Sara to discuss the end of their student loan journey and ask questions about the impact on their credit score as they plan to finance a new car. The Nerds dive deep into how paying off a loan might affect your credit score and share strategies to manage credit card debt for better credit utilization. They provide practical tips on building and maintaining a strong credit score, including the benefits of secured credit cards and credit builder loans. They also share strategies for car shopping, including loan pre-approval and considering a mix of new and used vehicles. NerdBuild is a credit-building loan designed for those with no or low credit history. Just set your automatic monthly payments and watch your credit score climb. Learn more at https://www.nerdwallet.com/article/finance/how-to-build-credit   Get NordVPN 2Y plan + 4 months extra here ➼ https://nordvpn.com/smartmoneypod It’s risk-free with Nord’s 30-day money-back guarantee! In their conversation, the Nerds discuss: credit card interest rates, credit scores, student loans, credit card debt, auto loans, financial tips, credit card hacks, credit utilization, credit card points, loan pre-approvals, car loans, paying off student loans, credit card interest rates, credit builder loans, NerdBuild, credit card signup bonuses, credit card companies, how to manage credit card debt, credit limit, Federal Reserve, credit score simulator, debt to income ratio, credit mix, car shopping, product change, loan rates, financial goals, side hustles, credit report, credit score calculation, budget calculator, credit builder loan, car financing, credit union, and mix of credit. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, May 30, 2024

The Intricacies of Interest: The Backbone of Mastering Your Finances

Author Jake Cousineau explains why it’s important to teach interest and budgeting to students — and how to learn as an adult. How can you understand complex personal finance topics as an adult?  What strategies can young people use to achieve financial independence?  Personal Finance Nerd Kim Palmer talks to Jake Cousineau, author of How to Adult: Personal Finance in the Real World, about the significance of personal finance education and the intricacies of interest rates to help you understand the impact of financial decisions on your future. They begin with a discussion of the importance of teaching personal finance to high school students, with tips and tricks on budgeting, investing, and managing credit. Then, they discuss the impact of APR on loans, the long-term financial effects of interest rates on major purchases, the financial impact of having a good or bad credit score, and the transformative power of automated savings and index fund investments. In their conversation, the Nerds discuss: personal finance, investing, budgeting, financial literacy, credit score, compound interest, index funds, retirement savings, student loans, APR, financial education, wealth building, financial independence, automated savings, money management, financial health, financial planning, loan repayment, interest rates, saving for the future, debt management, financial freedom, budgeting pitfalls, financial knowledge, credit management, financial wisdom, financial illiteracy, personal finance books, managing money, smart budgeting, housing costs, transportation costs, food budgeting, and financial confidence. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, May 29, 2024

Learn How Random Investments Can Outperform Managed Funds

Learn why randomly choosing individual stocks can beat expert investing strategies — and what that means for your portfolio. Can random stock picks outperform Wall Street professionals? What kind of portfolio returns can low-cost index investing drive? Hosts Sean Pyles and Anna Helhoski delve into the astonishing results of a dart-throwing experiment by Wall Street Journal columnist Spencer Jakab and his team, which pitted random stock selections against high-profile hedge fund picks. The hosts explore this intriguing setup and its outcomes, offering actionable insights into the power of simple, low-cost index funds and ETFs over expensive investment managers. Their insights are intended to offer a better understanding of the practicality of low-cost index funds, the importance of maintaining a diversified portfolio, and the pitfalls of frequent market adjustments. Then, Sean and Anna delve into the latest financial headlines, including findings from the Federal Reserve's Economic Well-Being of US Households report for 2023, April’s drop in home sales, and Google Flights adding Southwest Airlines fares to its search results. In their conversation, the Nerds discuss: index funds, investment strategies, stock market, ETFs, dart-throwing experiment, investing tips, low-cost investing, financial wellbeing, active vs. passive investing, hedge funds, portfolio diversification, The Wall Street Journal, stock picks, investment success, random stock selection, economic well-being, smarter investing, outperforming the pros, investment managers, A Random Walk Down Wall Street by Burton Malkiel, stock listings, mutual funds, stock performance, financial journalists, retirement savings, financial stress, household income, emergency expenses, high mortgage rates, affordable housing, home sales, previously owned homes, Google Flights, Southwest Airlines, travel expenses, airfare comparison, financial education, money management, financial planning, investment portfolio, stock market analysis, market adjustments, investment risks, and diversification benefits. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, May 27, 2024

Cash Back vs. Points Deep Dive: Presenting All the Hacks with Chris Hutchins

Are credit card rewards points more valuable than cash back? This special presentation of All the Hacks with Chris Hutchins features deep dive into credit cards, with a focus on cash back versus points. Chris goes deep on strategies for every spending category and shares his analysis of how to optimize points vs. cash back for the best return on investment. All the Hacks with Chris Hutchins is a podcast about optimizing all aspects of your life, from travel to money to health to work and more. Chris is a life hacker who has saved millions by breaking down every aspect of life. And on his show, he teaches you all the tactics, tricks and tips you need to upgrade your life, money, and even travel. Get more financial ideas by listening to All the Hacks with Chris Hutchins wherever you get your podcasts. Learn more about all the Hacks with Chris Hutchins: https://www.allthehacks.com/

Thu, May 23, 2024

Embrace Financial Vulnerability to Get Out of Debt: Social Media’s Impact on Financial Freedom

Brittney Reynolds explains how sharing her finances publicly on social media helped her get out of debt and develop a new community. What are the benefits of sharing your finances publicly?  How is social media changing the way people talk about money?  Hosts Sean Pyles and Elizabeth Ayoola discuss the rise of financial transparency on social media and its impact on community building to help you understand the power of vulnerability in achieving financial freedom.  Sean speaks with Brittney Reynolds, who candidly shared her journey of getting out of debt to her audience on TikTok, where she currently has more than 90,000 followers. They discuss the trend of people publicly sharing their financial journeys on social media platforms like TikTok, with tips and tricks on reducing debt shame, fostering supportive online communities, and navigating the pressures of content creation post-debt payoff. They also discuss the sense of class solidarity that comes from such vulnerability and how the online community champions transparency and authenticity in the pursuit of managing money. In their conversation, the Nerds discuss: personal finance, social media, financial freedom, credit card debt, debt repayment, community building, financial transparency, financial journey, money management, budgeting, saving money, debt payoff, financial struggles, credit card interest, financial openness, class solidarity, online communities, digital storytelling, financial shame, managing money, debt-free, personal finances, financial exposure, brand deals, influencer marketing, savings goals, money taboos, social media influence, money secrecy, financial vulnerability, financial authenticity, and financial solidarity. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, May 22, 2024

Finance Your Creative Career with Felicia Day’s Gig Economy Survival Guide

Writer, producer, and actor Felicia Day shares her financial journey working in Hollywood, with tips for managing your budget when gigs are inconsistent. What Is Your Time Worth? How do you value your time outside of work?  How can you manage finances in an unpredictable career like acting?  Hosts Sean Pyles and Sara Rathner discuss the concept of time valuation to help you understand how to balance personal worth against income. They begin with a discussion of time valuation, offering insights on the average hourly value people place on their time, the impact of this valuation on life decisions and assessing the value of unpaid personal tasks.  06:10 Interview with Felicia Day Sean speaks with Felicia Day about the financial strategies she employed to maintain an unstable career in Hollywood. They tackle topics such as frugal habits, the significance of diversifying one's portfolio for career longevity and aligning creative passions with financial stability. Plus: How to understand the financial education that you may have received even without having ever been given a formal financial education. In their conversation, the Nerds discuss: Hollywood finances, managing finances, acting career, freelancing lifestyle, financial strategies, financial acumen, Hollywood journey, value of time, budgeting tactics, work-life balance, career growth, financial stability, creative careers, personal well-being, professional satisfaction, financial security, generational differences, personal time investment, freelancing finances, unstable careers, diversifying skills, frugality, budgeting skills, theoretical mathematics, content creation, business acumen, media industry, creative fulfillment, career shifts, entrepreneurial leaps, work-life harmony, managing a budget, career resilience, and skills diversification. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, May 22, 2024

How the CFPB's Supreme Court Win Helps Consumers

Learn how the recent Supreme Court ruling on the Consumer Financial Protection Bureau (CFPB) affects your finances. How does the CFPB protect consumers? Why does the recent CFPB court decision matter? Hosts Sean Pyles and Anna Helhoski discuss the recent Supreme Court decision that upheld the CFPB’s funding structure, explaining its significance and what it means for consumer protections. They also explain the history and function of the CFPB, including its role in consumer finances, and provide actionable insights on how you can leverage its resources to resolve financial issues, including how to file a complaint with the CFPB. Plus: the broader implications of the Supreme Court ruling for other federal agencies.  Then, Sean and Anna cover the latest money headlines, including the Dow Jones hitting 40,000 for the first time, the current state of gas prices ahead of Memorial Day weekend, and new pricing transparency laws for cruises. In their conversation, the Nerds discuss: CFPB Supreme Court ruling, payday loans, financial regulation, consumer rights, financial protection, Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, credit card regulations, overdraft fees, Federal Reserve funding, mortgage complaints, student loan complaints, CFPB investigations, consumer complaints, financial watchdog, financial industry regulation, CFPB funding, payday lending rule, consumer finance, financial laws, debt relief, financial accountability, credit card late fees, mortgage protection, loan regulations, financial crisis response, banking regulations, consumer advocacy, credit card complaints, loan complaints, financial enforcement, financial industry oversight, and consumer protection laws. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, May 16, 2024

Save More with Coupon Tactics for the Digital World

“Krazy Coupon Lady” Joanie Demer shares couponing tactics and how coupons work to help you outsmart rising costs even in today’s digital marketplaces. How can you use coupons to help you afford everyday essentials?  Are digital deals and loyalty programs the same as using coupons?  Hosts Sean Pyles and Elizabeth Ayoola discuss the thrill of couponing and the evolution of coupon strategies to help you understand how to combat rising living costs effectively. Joanie Demer, one half of the duo known as the Krazy Coupon Ladies, joins Sean to share the basics of couponing, with tips and tricks on buying in bulk for long-term savings, the continued relevance of coupon circulars and the shift from paper to digital couponing.  They discuss leveraging rebate apps like Ibotta and Fetch Rewards, the potential of store loyalty programs, and how a hypothetical future “universal barcode” would change coupon use. Plus: insights on coupon accessibility, the latest legislative attention to couponing practices and how to overcome the challenge of incorporating new habits into an already busy life. In their conversation, the Nerds discuss: extreme couponing, couponing strategies, how to save money, digital coupons, budgeting tips, grocery savings, savvy shopping, thrifty living, deal hunting, budget-friendly shopping, how coupons work, discount codes, shopping deals, store loyalty programs, frugal shopping, coupon apps, maximizing savings, money-saving tips, inflationary pressures, coupon accessibility, coupon skepticism, coupon circulars, buying in bulk, universal barcode, manufacturer discounts, coupon stacking, and brand loyalty. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, May 15, 2024

Leveraging the Strong US Dollar: Insights for Travelers and Investors

Learn how the strength of the US dollar impacts your finances, as well as its ramifications on the US and global economies. What does it mean to have a strong dollar? Who benefits the most from a strong US dollar? Hosts Sean Pyles and Anna Helhoski delve into the implications of a strong dollar on both domestic and global economies. They interview Cris deRitis, deputy chief economist at Moody’s Analytics, to demystify what a strong dollar means beyond its impact on travelers, along with what will happen if the dollar continues to become stronger. Then, Sean and Anna explore recent headlines, including major airlines’ resistance to transparent fee disclosures and record-breaking travel projections for Memorial Day weekend. They also discuss consumer discontent with credit card rewards programs, shedding light on hidden fees and devalued rewards. In their conversation, the Nerds discuss: strong dollar, airline fees, credit card rewards, money news, global economy, domestic economy, travel impact, economic insights, airline transparency, travel fees, currency strength, dollar value, monetary policy, Federal Reserve, travel tips, consumer finance, economy analysis, finance trends, airline industry, vacation planning, personal finance, currency valuation, money management, economic stability, international travel, financial headlines, economic updates, financial education, and economic trends. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, May 13, 2024

Safeguard Your Finances: Tips on Emergency Funds, Insurance, and Index Fund Investments

Learn how to build a financial safety net to conserve your wealth and the ins and outs of investing in index funds. How can you build financial resilience to protect yourself from life's economic curveballs?  How do index funds work, and what should you consider when choosing one? Hosts Sean Pyles and Sara Rathner discuss how you can use elements of financial planning to minimize risk exposure. They offer tips and tricks for financial risk mitigation, including the importance of establishing an emergency fund, understanding the value of disability insurance, and the sometimes overlooked role of community support.  Then, investing writer Alieza Durana joins Sean and Sara to help answer a listener’s question about how to choose different types of index funds. They explain different fund management styles, how to evaluate expense ratios and investment returns, and considerations for choosing the right index fund based on individual financial goals and risk tolerance. In their conversation, the Nerds discuss: emergency funds, index funds, financial planning, insurance, investment strategies, expense ratios, disability insurance, economic crises, financial resilience, ETFs, mutual funds, financial goals, risk management, strategic financial planning, investing in index funds, investment decisions, emergency savings, income protection, financial stability, community support, financial safety net, safeguarding income, investment vehicles, financial savvy, asset allocation, investment returns, market performance, tax efficiency, investment minimums, financial well-being, financial risks, sector focus, financial education, retirement savings, economic recovery, cost management, investment objectives, and investment growth. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, May 09, 2024

Cash in on Collectibles: How to Monetize Your Passions and Memorabilia

Discover how you could turn your collectibles and passions into an actual business and stay ahead of market trends. How hard is it to make money from collectibles?  What kinds of things typically become collectible?  Hosts Sean Pyles and Elizabeth Ayoola discuss the unconventional method of selling collectibles to earn income to help you understand how your passions could yield financial gain. Sean speaks with Tyler Feldman, the Founder and CEO of Inscriptagraphs, a sports and entertainment memorabilia company, about the significance of researching market trends, leveraging platforms like eBay for sales, tips for staying ahead of market trends and how to find a balance between passion and practicality in the business of collecting. In their conversation, the Nerds discuss: collectibles, memorabilia, monetizing collectibles, sports memorabilia, Inscriptographs, autographed memorabilia, Carrie Fisher movie scripts, Lady Gaga Oreos, baseball cards, comic books, vinyl records, childhood fascinations, nostalgia, financial success, Barbie dolls, entrepreneurial stories, memorabilia trading, autographs, the collectible market, investment in collectibles, trading cards, memorabilia value, nostalgia and memorabilia, unique collectibles, profitable collectibles, memorabilia industry, collecting tips, financial management, unconventional investments, making money from collectibles, Pokémon cards, eBay selling, collectible trends, autograph collecting, Mike Tyson memorabilia, and the sports collectibles market. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, May 08, 2024

The Latest Trends in Housing: Why Renting Is Gaining Momentum

Explore key insights into the current real estate market as the Nerds unpack the results of the 2024 Home Buyer Report. Should you rent or own your home? Hosts Sean Pyles and Anna Helhoski explore the financial and lifestyle implications of each choice, drawing insights from a recent NerdWallet survey and a firsthand account from fellow Nerd Elizabeth Renter, who transitioned from homeownership to renting. From rising home prices and mortgage rates to the hidden costs of homeownership, this episode uncovers the reasons why renting might be a less stressful option in today’s market. Listeners will gain a deeper understanding of the nuanced considerations involved in deciding between renting and owning, along with actionable advice for managing the financial impact of each choice. Later in the episode, Sean and Anna discuss the latest money headlines, including insights into April’s job numbers, updates on Social Security’s financial outlook, and an intriguing ballot measure in California aimed at improving financial literacy through high school education.  In their conversation, the Nerds discuss: renting vs owning, homeownership, renting, home buying, money headlines, real estate market, property ownership, rental costs, home prices, mortgage rates, renting benefits, homeownership advantages, rental market trends, buying a house, renting tips, home affordability, renter demographics, owning a home, renting statistics, property investments, housing market analysis, cost of homeownership, real estate investments, renting lifestyle, home equity, home maintenance, property taxes, renting flexibility, housing affordability, home value appreciation, rental market data, homeownership myths, rental agreements, home repairs, mortgage affordability, housing expenses, rental income, and home ownership challenges.

Mon, May 06, 2024

What Does the Car Market Really Look Like Right Now?

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. In this episode:  Explore car buying in 2024, from Carvana's process to the electric vehicle surge and how to maximize your car's sale value. Budgets Beyond the Numbers: How do you manage the emotional aspects of budgeting? What’s the car buying market like in 2024? Hosts Sean Pyles and Elizabeth Ayoola discuss personal budgeting and the future of car buying to help you understand how to navigate financial decisions with confidence. They begin with a discussion of budgeting “beyond the numbers,” with tips and tricks on categorizing expenses into their emotional impacts to make budgeting feel more personal. Today’s Money Question: Is Carvana a good service? Should you buy an electric vehicle if you’re in the market for a new car? NerdWallet autos writer Shannon Bradley joins hosts Sean Pyles and Sara Rathner to delve deeper into the future of car purchases and the electric vehicle revolution. They explore the evolution of electric vehicles, the current state of the car market for both buyers and sellers, and strategies to get the best deal when selling your vehicle. The conversation aims to provide insights on choosing the right time to buy an electric car, understanding the market dynamics, and ensuring a smooth car selling experience. Check out this episode on your favorite podcast platform, including: Apple Podcasts Spotify NerdWallet stories related to this episode: Car-Buying Services: What To Know How to Buy a Used Car 7 Electric Vehicles That Cost Less Than $40,000 Have a money question? Text or call us at 901-730-6373. Or you can email us at podcast@nerdwallet.com . To hear previous episodes, go to the podcast homepage.

Thu, May 02, 2024

How You Can Maximize Multiple Credit Cards for Cheaper Travel

A personal finance enthusiast with 37 active credit cards shares tips to strategically open and maintain multiple cards to travel cheaply and answers common questions around maximizing rewards. How many credit cards can you have at the same time?  What can credit card points and miles help you afford?  Hosts Sean Pyles and Elizabeth Ayoola discuss quirky money management techniques and the mastery of credit card rewards to help you understand how to make your money go farther. They begin with a discussion of unusual financial behaviors, with tips and tricks on juggling multiple bank accounts, managing a diverse collection of credit cards and the impact of such practices on credit scores.  Then, credit card point expert Erin Hurd joins Sean to discuss the art of optimizing credit card usage for travel rewards. She shares her experience having 37 active credit cards and shares tips for managing an extensive credit card portfolio. They also discuss her strategy for selecting cards for maximum rewards, the financial discipline needed to prevent overspending, how to maintain a healthy credit score while pursuing travel dreams and the right way to close accounts while preserving credit history. In their conversation, the Nerds discuss: credit card rewards, personal finance, credit score, credit card points, credit card management, travel rewards, financial habits, saving money, credit card collection, credit card debt, credit card usage, smart spending, quirky money management, financial discipline, credit card strategy, reward collecting, credit card benefits, credit card offers, credit card terms, credit card issuer guidelines, credit card signup bonuses, credit card perks, managing multiple credit cards, credit card autopay, credit card due dates, credit card annual fees, digital wallets, travel credit cards, credit card interest, credit card history, credit card closure, and credit card payments. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, May 01, 2024

Presenting Everyone's Talkin' Money

Enjoy this special presentation of Everyone’s Talkin’ Money, a podcast from our friend Shannah Game, a money wellness expert, financial therapist and Certified Financial Planner. Shannah brings you honest, relevant, and forward-thinking conversations about money. This special episode explores how a simple question can unlock secrets to a wealthier life and transform your relationship with money. Say goodbye to complexity and hello to financial mastery as we break down the seven critical areas where curiosity can lead to substantial savings. Get more great tips from Shannah by listening to of Everyone’s Talkin’ Money wherever you get your podcasts. Learn more about Everyone's Talkin' Money: https://everyonestalkinmoney.com/

Mon, April 29, 2024

How to Correct Roth IRA Overcontributions and Maximize Your Savings

Learn about fundamentals to consider before buying an individual stock and what to do if you over-contribute to a Roth IRA. 00:58 This Week in Your Money: What fundamentals should you consider before buying an individual stock? What should you do if you accidentally over-contribute to a Roth IRA? Hosts Sean Pyles and Elizabeth Ayoola discuss cautionary tales from the stock market to help you understand how to safeguard your investments. They begin with a discussion of Trump Media & Technology Group Corp (NASDAQ: DJT) and evaluate its performance since going public, then share tips and tricks on the importance of fundamental analysis, the risks of meme stock frenzy, and the value of diversification.  09:21 Today’s Money Question: Investing writer June Sham and host Sara Rathner join Sean to answer a listener’s question about Roth IRA contribution limits. They offer a detailed breakdown of Roth IRA contribution limits, strategies for dealing with over-contributions, and ways to circumvent the 6% penalty tax. In their conversation, the Nerds discuss: stock market, Roth IRA, investment strategies, Roth IRA contributions, portfolio diversification, meme stocks, DJT, fundamental analysis, Trump Media, personal finance, retirement planning, stock trading, financial guidance, investing insights, stock values, market forces, retirement contributions, penalty tax, excess contributions, income thresholds, traditional IRA, financial decisions, investing pitfalls, stock bets, smart investing, retirement accounts, tax-efficient savings, share values, individual stocks, stock performance, and avoid IRS penalties. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, April 25, 2024

Overcome AI Fraud: Navigating Voice Cloning and Digital Scams

Learn how scammers deceive victims by using AI for voice cloning and learn how you can protect yourself from other AI-related fraud. How can you protect yourself from AI-driven scams that target your finances?  What new scams are happening as technology advances?  Hosts Sean Pyles and Sara Rathner discuss the alarming use of AI in scams and the future of fraud to help you understand how to safeguard your personal security. They begin with a discussion of AI-driven voice scams, with tips and tricks on recognizing potential fraud, staying informed about scam tactics, and the importance of open discussion to empower against scammer tactics.  Then, scam expert Bob Sullivan, author of “Stop Getting Ripped Off” and host of the podcast The Perfect Scam, joins Sean to discuss the broader implications of AI technology in scams. They discuss the potential for AI to personalize phishing attacks, the ease of creating convincing fake audio and the importance of skepticism in the face of unexpected calls. Plus, the need for technology companies to embed safeguards, the role of societal learning in approaching unexpected calls and the importance of verifying any financial requests you receive. In their conversation, the Nerds discuss: AI scams, voice cloning, digital deception, phishing attacks, personal security, scam victims, artificial intelligence, fraud prevention, identity theft, technology-assisted scams, voice cloning technology, psychological impact of scams, safeguarding against scams, AI voice scam, digital defenses, personalized fraud, ethical technology, data privacy, scam awareness, voice replication, modern scams, voice imitation fraud, AI in criminal activities, big data and scams, combating scams, generative AI, scam prevention strategies, emotional toll of scams, technology and fraud, future of phishing, online vulnerabilities, deepfake technology, AI-enhanced phishing, scam resilience, scam reporting, technology safeguards, and scam detection. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, April 24, 2024

Some Investors Are Using AI to Make Decisions. Should You?

Learn how investors use artificial intelligence to make decisions. Plus: AI’s current capabilities and limitations in finance. How does AI affect investment decisions? What are AI’s limitations in finance? Hosts Sean Pyles and Anna Helhoski explore these questions and more with Sam Taube, an investing writer at NerdWallet, who shares insights on AI's role in investment research and stock selection. They break down the potential of AI-powered ETFs and mutual funds, including their performance trends and considerations for investors. They also discuss AI’s current capabilities and limitations in investing, how AI can streamline your investment research process when used correctly, and why caution and human oversight remain essential.  In their conversation, the Nerds discuss: artificial intelligence investing, AI in finance, investing with AI, AI-powered funds, AI investment research, AI stock selection, limitations of AI in finance, AI and financial decisions, using AI for investing, AI in mutual funds, AI in ETFs, AI in the stock market, AI for investment analysis, AI and investment strategies, benefits of AI in investing, AI in financial services, AI in wealth management, AI and investment performance, risks of AI in investing, AI and market predictions, AI for portfolio management, AI and stock picking, AI investment tools, impact of AI on finance, AI for financial advisors, future of AI in investing, AI and asset management, AI and robo-advisors, AI and hedge funds, AI for investment recommendations, challenges of AI in finance, AI and investment banking, AI in retirement planning, AI for financial decision-making, AI in trading, AI for risk management, AI and wealth advisors, AI and investment analysis tools To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, April 22, 2024

Money Management for Couples and the Benefits of Fiduciaries

Discover methods to achieve financial harmony in relationships and learn why fiduciary advisors are often considered trustworthy. 0:52 Sara’s Corner: How can couples equitably share the mental load of managing finances? Can you trust fiduciary financial advisors? Hosts Sean Pyles and Sara Rathner begin with a discussion about the division of financial responsibilities among couples to help you understand how to create financial harmony in your relationship.  12:18 Today’s Money Question: Elizabeth Ayoola joins Sean to explain how you can choose a financial professional to work with, starting with an in-depth look at different types of fiduciaries including Certified Financial Planners (CFPs), financial coaches, and financial therapists. They discuss the nuances of fiduciary compensation structures and explain how you can advocate for yourself when selecting a financial advisor to work with. In their conversation, the Nerds discuss: financial planning, financial advisors, fiduciary, relationships and money, financial harmony, money management for couples, certified financial planners, financial literacy, financial responsibility, equal money responsibilities, financial trust, financial wellbeing, harmonious money management, shared financial responsibilities, financial abuse, emotional labor and finances, mental load of finances, managing finances as a couple, money questions, financial decisions, financial therapy, couples finances, navigating financial advisors, fiduciary trust, financial planning for couples, and financial responsibility in relationships. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, April 18, 2024

Understand and Avoid Financial Scams: Phishing, Vishing, Smishing and More

Learn how to spot and avoid online scams, including imposter scams, investment scams, phishing, vishing and smishing. How can you protect yourself from financial scams?  What steps should you take if you fall victim to one of these schemes?  Hosts Sean Pyles and Sara Rathner discuss the pressing issue of online frauds and strategies for safeguarding personal finances to help you avoid falling prey to digital tricksters. They begin with a discussion of recognizing and avoiding various scams, with tips and tricks on spotting urgent money demands, identifying false emergencies and being wary of too-good-to-be-true investment opportunities.  Then, Lisa Schifferle from the Consumer Financial Protection Bureau joins Sean to discuss the alarming scale of scamming in America. They discuss the importance of sharing scam experiences, recognizing payment method red flags and the necessity of being vigilant with personal information. They offer insights into the dangers of unsolicited communications, sophisticated scamming operations, and essential steps for recourse if you've been scammed. In their conversation, the Nerds discuss: online scams, cryptocurrency scams, identity theft, fraud protection, internet safety, cyber fraud, financial predators, digital deception, romance scams, phishing scams, vishing, smishing, pig butchering scams, safeguarding finances, tech support scams, scam awareness, investment scams, recouping lost funds, scam red flags, Consumer Sentinel, scam complaints, social media scams, wire transfer fraud, gift card scams, scam prevention, sharing scam stories, urgent message scam, fake family emergencies, financial loss, scam targets, elder scams, digital cons, and technology scams. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, April 17, 2024

Save on Home Insurance Amid Rising Costs and Coverage Hurdles

Learn why homeowners insurance costs are rising, tactics to find affordable coverage, and how to know if you have enough. Why are homeowners insurance costs rising? How can you tell if you have enough insurance? Hosts Sean Pyles and Anna Helhoski delve into the factors behind rising home insurance premiums, from climate change-induced disasters to inflation’s impact on repair costs. They’re joined by Caitlin Constantine, an insurance editor at NerdWallet, who breaks down the details. She shares actionable strategies for finding affordable coverage and navigating insurance challenges; insights into how to safeguard your home and budget; and tips for negotiating insurance rates and making informed decisions. Whether you’re a homeowner or renter, this episode provides insights into how to better manage insurance costs and understand the evolving risks of climate-driven financial challenges. In their conversation, the Nerds discuss: homeowners insurance, rising premiums, insurance costs, climate change impact, home insurance rates, uninsured homeowners, insurance affordability, property protection, natural disasters, insurance coverage, cost of insurance, insurance trends, home insurance quotes, insurance inflation, insurance migration, home insurance policies, insurance challenges, home insurance tips, affordable insurance options, insurance availability, flood insurance, insurance shopping, insurance market trends, insurance industry, home insurance market, disaster insurance, car insurance, homeowners coverage, insurance premium factors, home insurance insights, and climate-related insurance costs. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, April 15, 2024

How to Overcome Common Psychological Financial Mistakes: Framing, Loss Aversion, and the Gambler’s Fallacy

Learn how to control your behavioral economics biases and whether it’s ever worth it to use a credit repair service. 00:58 Behavioral Economics Biases: How can you master the psychology behind your financial decisions? Are credit repair services really worth the investment? Hosts Sean Pyles and Sara Rathner discuss behavioral finance biases to help you understand the psychological factors that influence your financial choices, including loss aversion, framing, and the gambler’s fallacy, also known as the Monte Carlo fallacy or the fallacy of the maturity of chances. They share tips and tricks on matching investments with your time frame and risk tolerance, resisting the influence of framing on your choices, and avoiding frequent checks on market fluctuations.  10:14 Today’s Money Question: NerdWallet credit writer Amanda Barroso joins Sean and Sara to answer a listener’s question about credit repair services. They explain the purpose and costs of credit repair services, the red flags that indicate a scam, and how you can manage your credit yourself effectively for free. They also tackle the pressing question of whether credit repair services can actually improve your credit score. Their conversation explains strategies for DIY credit repair, the importance of identifying and disputing inaccuracies on credit reports, and the role of credit counseling agencies for personalized financial planning. In their conversation, the Nerds discuss: financial psychology, credit repair services, behavioral finance, credit score, credit health, financial decisions, investment strategies, credit bureaus, credit report, risk tolerance, financial goals, money management, credit repair companies, credit repair scams, Daniel Kahneman, loss aversion, credit improvement, credit counseling, credit repair costs, DIY credit repair, financial biases, credit repair tips, financial success, wealth management, behavioral biases, credit report disputes, credit repair agencies, framing effect, credit utilization, portfolio performance, negative information credit, financial planning, and managing credit. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, April 11, 2024

How To Guard Against Cyber Fraud: Essential Steps to Protect Your Identity

Explore how to protect yourself from identity fraud, understand its emotional toll and learn fraud recovery steps. How can you protect yourself from identity theft and fraud?  What steps should you take if you become a victim of financial fraud?  Hosts Sean Pyles and Sara Rathner delve into the unsettling world of identity theft and fraud prevention to help listeners safeguard their finances and wellbeing. They begin with a discussion on the various facets of identity theft, with tips and tricks on identifying fraudulent activity, enhancing personal banking security and dealing with the aftermath of having your identity compromised. Then, they discuss the differences between identity fraud and scams, the importance of good cyber hygiene, and the steps to take immediately if your personal information is breached. Sean also speaks with John Breyault, Vice President of Public Policy, Telecommunications and Fraud at the National Consumers League, about the current trends in identity theft and the forms of fraud that are on the rise in 2024. They cover topics such as new account fraud, the impact of zero-day vulnerabilities on personal data security and the necessity for consumers to stay vigilant with software updates and report incidents promptly. They also explore how victims can navigate the process of recovering from fraud, including freezing credit reports, changing passwords, and engaging with financial institutions and law enforcement to document the crime and seek restitution. In their conversation, the Nerds discuss: identity theft, fraud prevention, financial fraud, cyber security, bank account fraud, scams, identity fraud, data breach, zero-day vulnerabilities, credit report freeze, two-factor authentication, artificial intelligence, online banking security, phishing, cyber criminals, emotional impact of fraud, credit card fraud, fraud alerts, financial wellbeing, scam awareness, cyber hygiene, consumer protection, financial predators, cyber theft, financial crime, financial education, cyber vigilance, fraud recovery, financial security, scam prevention, identity protection, personal finance, cyber fraud, bank fraud, fraud detection, identity theft awareness, and fraud restitution. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, April 10, 2024

Summer Travel Insights: Maximize Your Vacation Budget

Unlock insights on vacation spending to leverage summer travel trends, and dive into the latest employment report.  Planning to travel this summer? In this episode of NerdWallet’s Smart Money podcast, hosts Sean Pyles and Anna Helhoski delve into the world of summer travel. They discuss the key findings from NerdWallet’s 2024 Summer Travel Report, revealing insights into Americans’ vacation plans and expected spending. NerdWallet travel rewards expert Sally French joins them to dissect the latest trends in airline fees, price fluctuations, and factors influencing travel decisions. Whether you plan on traveling across the globe, or staying local, understanding summer trends can help you optimize your travel planning. Later in this week’s Money News roundup, Sean and Anna cover the latest money headlines, including the March employment report and a new student loan relief program. From travel and job market trends to initiatives aimed at reducing student loan debt, this episode highlights some evolving aspects of the American financial landscape.   In their conversation, the Nerds discuss: summer travel, vacation spending, travel trends, money news, airline fees, travel expenses, travel insights, travel decisions, travel tips, travel rewards, employment report, job market trends, student loan relief, student loan debt, financial developments, personal finance, summer vacations, travel planning, inflation impact, travel industry, airline pricing, travel costs, budgeting tips, financial decisions, economic indicators, financial trends, travel research, travel data, travel analysis, vacation budget, travel hacks, budget travel, money management, financial advice, money-saving tips To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, April 08, 2024

How to Own a Home: Strategies for Buying, Selling, and Improving

Get a comprehensive breakdown of strategies for buying, selling, and improving homes in our homeowners lightning round. 00:42 This Month’s Nerdy Question: What’s the best thing you spent your money on this month? Hosts Sean Pyles and Sara Rathner kick off a new segment by sharing some of their recent purchases, in a new segment designed to encourage you to think about your consumption habits. 08:24 Today’s Money Question: Should you shop around for a title agency? What are the pros and cons of owning a second home? What’s the ROI for home improvement projects? What are the financial implications of using retirement funds for home improvements? Housing Nerd Kate Wood joins Sean and Sara to delve into the complexities of the homebuying process, financing home upgrades, and leveraging home equity. They discuss the risks and strategies associated with using home equity for investing in real estate, the importance of an emergency fund when becoming landlords, and the alternatives to using retirement savings for home improvements.  In their conversation, the Nerds discuss: homeownership, smart home investments, title insurance, home equity, real estate investments, financial security, home improvement financing, title agencies, home disasters, buying a home, home equity loans, home equity line of credit (HELOC), cash-out refinancing, real estate game, emergency funds, home buying process, navigating title agencies, financial planning, home maintenance savings, intentional purchasing, home renovations ROI, anti-overconsumption, plumbing repairs, tax lien, closing costs, home buying in 2024, second property investment, becoming a landlord, IRA withdrawals, real estate attorney fees, escrow services, lender's title insurance, owner's title insurance, home value increase, property investment risks, buying second home, home buying expenses, mortgage application, real estate market trends, and decision fatigue. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, April 04, 2024

Things You Can Do Right Now to Protect Yourself from Identity Theft

Learn how to protect your identity from theft and fraud by understanding how criminals are exposing authentication flaws. How can you protect yourself from identity theft and financial scams?  What steps should you take if your identity has been compromised?  Hosts Sean Pyles and Sara Rathner discuss the pervasiveness of identity theft and practical defense strategies to help you safeguard your financial well-being. They begin with a discussion of protecting yourself from identity theft, with tips and tricks on setting up fraud alerts, freezing your credit and using unique passwords with the aid of password managers.  Then, Eva Velasquez joins Sean to discuss the nuances of authentication and identity theft. They discuss the challenges businesses and individuals face in verifying identities online, the misuse of social security numbers and the rise in data breaches, particularly in the healthcare sector.  Plus: the alarming increase in data breaches in 2023, the importance of questioning every suspicious communication you receive, and the necessity for public and private organizations to refine their authentication methods. In their conversation, the Nerds discuss: identity theft, financial scams, data breaches, cyber security, credit freeze, fraud alert, authentication, online identity, personal data protection, cybercriminals, financial fraud, password managers, financial well-being, data security, impostor scams, phishing, identity fraud, scam prevention, credit monitoring, sensitive information, identity protection, financial instruments, identity thieves, scam victims, credit card fraud, loan fraud, biometrics, cybersecurity strategies, data privacy, digital financial transactions, identity theft resource center, federal trade commission, IRS IP PIN, financial defense, digital predators, financial peace of mind, consumer protection, scam recovery, safeguarding data, and financial education. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, April 03, 2024

Decoding Economic Health: Inflation, Growth, and Employment Trends

Explore the latest on inflation, employment, and growth trends, and what it means for the future of the US economy. How is the economy doing right now and what does it mean for inflation, growth, and jobs? What do recent credit card settlement news and updates on inflation rates mean for your finances? Hosts Sean Pyles and Anna Helhoski delve into the current state of the economy, dissecting the latest data on inflation, growth, and employment. Joined by NerdWallet data journalist Elizabeth Renter, they explore how the economy is faring amid ongoing challenges. From the robust labor market and its impact on wages to the intricacies of inflation and its implications for consumers, they provide insights into the broader economic landscape. They seek to give listeners a deeper understanding of key economic indicators and how they could shape your financial decisions.  Then, in this week's Money News roundup, Sean and Anna discuss a credit card settlement potentially affecting premium reward cards, updates on inflation rates, and the legacy of Daniel Kahneman, a pioneer in behavioral finance. In their conversation, the Nerds discuss: the economy, inflation, growth, employment, credit card settlement, financial decisions, consumer confidence, labor market, wage growth, Federal Reserve, interest rates, GDP, economic indicators, Daniel Kahneman, behavioral finance, money news, consumer spending, unemployment rate, inflation rates, market value, price growth, Federal Reserve interest rates, economic outlook, GDP growth, consumer sentiment, labor supply, labor demand, price levels, real GDP, swipe fees, interchange rate, rent inflation, housing prices, annual rate, economic landscape, economic data, macroeconomic phenomena, economic trends, and money headlines. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, April 01, 2024

Diversify Your Portfolio: A Guide to Roth vs. Traditional Retirement Accounts

Learn to maximize retirement savings with tax diversification by balancing your Roth and traditional IRA contributions. 00:27 This Week in Your Money: What are expense ratios? How do you decide between a Roth and traditional 401(k)? Hosts Sean Pyles and Sara Rathner discuss understanding investment terms and retirement account options and strategies to help you understand how to make more informed and beneficial financial decisions. They begin with a new segment called Nerdy Vocab, in which they explain tips and tricks on recognizing how expense ratios affect your investments. They offer clarity on how fees can eat into your returns, explain how to utilize tools like the FINRA Fund Analyzer, and explain considerations for selecting cost-effective funds. 09:27 Today’s Money Question: NerdWallet writer Alieza Durana joins Sean and Sara to help answer a listener’s question about how to decide between investing funds in a Roth versus a traditional 401(k). They discuss the tax implications of different retirement accounts, how to harmonize retirement savings with other financial priorities, and the importance of tax diversification in an investment strategy. Their discussion covers the tax benefits of traditional and Roth 401(k)s, IRAs, and HSAs, and the importance of balancing retirement contributions with immediate financial needs like debt and emergency funds. In their conversation, the Nerds discuss: retirement savings, investment fees, Roth 401(k), traditional 401(k), expense ratios, IRAs, retirement planning, maximize returns, minimize fees, financial planning, nest egg, investment strategies, tax diversification, employer match, retirement accounts, mutual funds, exchange-traded funds, passively managed funds, actively managed funds, FINRA Fund Analyzer, tax benefits, contribution limits, debt management, emergency funds, capital gains, tax-free withdrawals, tax implications, asset allocation, rebalancing your portfolio, tax season, pre-tax contributions, and after-tax contributions. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, March 28, 2024

Plan Your Next Cruise: Tips on Booking, Excursions and Entertainment

Explore the ins and outs of planning a cruise, from choosing the right trip to coordinating on-board activities. What are the benefits of booking a group cruise for your friends and family?  What amenities do cruises offer that could make travel easier for you and your group?  Hosts Sean Pyles and Meghan Coyle discuss how to choose and book the best cruise to help you understand the logistics of planning a group vacation at sea. They begin with a discussion of the advantages and drawbacks of going on a cruise with a group, with tips and tricks on selecting destinations that fit your travel style, managing the financial aspects of shared cruise costs, and utilizing onboard amenities for all age groups.  Then, Sean and Meghan discuss the ins and outs of cruise excursions and travel tips for groups. They discuss the importance of early reservation for excursions, strategies for avoiding the rush when disembarking at ports, and the value of shared travel experiences for bonding with your party. Has this episode given you a travel bug? Then check out our list of the 15 Best Travel Credit Cards of March 2024 . In their conversation, the Nerds discuss: group cruises, cruise planning, group travel, cruise excursions, booking a cruise, cruise experience, family cruises, cruise ship amenities, group vacations, group cruise booking, onboard activities, cruise ship entertainment options, cruises for seniors, group vacation planning, and travel planning tips. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, March 27, 2024

Money in Your Pocket: Biden's Bid to Banish College Junk Fees

Neera Tanden, domestic policy advisor to President Biden, discusses the fight against junk fees impacting college students. What hidden “junk fees” are college students facing? How is the Biden Administration addressing fees to make higher education more affordable? Hosts Sean Pyles and Anna Helhoski discuss the Biden Administration's recent efforts to combat junk fees in colleges, from financial products marketed to students like credit cards and bank accounts to textbook costs and unused meal plan dollars. They speak with Neera Tanden, domestic policy advisor to President Biden, about the more than $1 billion annual impact of these fees and the bipartisan support she expects for some of these policies. Then, in this week's Money News roundup, Sean and Anna discuss issues with the new FAFSA, the Federal Reserve's latest stance on interest rates, and continuing surge of home sales. Get a comprehensive overview of the latest developments affecting your finances and gain valuable insights to stay ahead in an ever-changing economic environment, whether you're a student navigating the labyrinth of college fees or a homeowner keeping tabs on market trends. In their conversation, the Nerds discuss: hidden fees, FAFSA troubles, Federal Reserve, interest rates, housing market, college fees, student finances, financial aid, junk fees, textbook costs, student loans, college expenses, student banking, origination fees, meal plans, tuition bills, open-source textbooks, college affordability, financial literacy, student debt, financial aid applications, existing homes, home prices, National Association of Realtors, mortgage rates, economic indicators, market trends, financial decisions, and personal finance. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, March 25, 2024

How Secure and Private Are Your Digital Wallet Transactions? Apple Pay, Google Pay, Venmo and More

Learn the truth behind common credit score myths and get a better understanding of digital wallet privacy and security. 00:51 This Week in Your Money: Do you need to carry a credit card balance in order to maintain a good credit score? Does checking your credit score hurt your credit? Hosts Sean Pyles and Sara Rathner debunk common credit score myths to help you understand the realities of your credit health. They offer valuable insights into how carrying a balance affects your credit score, the safety of checking your credit score regularly, and the importance of maintaining a history with your credit accounts open.  09:45 Today’s Money Question: Are digital wallets truly safe and private? Is it safer to pay with a check than online? Sean and Sara discuss the intricacies of digital wallets, explaining the role of tokenization in securing transactions, the importance of phone security features like passcodes and biometrics, and the varying privacy policies of digital wallet providers like Google Pay and Apple Pay. They explain how digital transactions are protected, how to navigate privacy settings in apps like Venmo, and how they’ve used digital wallets in their own lives. In their conversation, the Nerds discuss: credit score myths, digital wallets, mobile transactions, transaction tokenization, credit scores, cashless transactions, credit card balance, checking credit scores, Google Pay, Apple Pay, Venmo, Samsung Pay, digital payment options, digital spending, financial reputation, privacy policies, mobile payments, credit card fraud, secure transactions, consumer data, credit utilization, credit history, biometric data, phone locks, digital payment security, financial decisions, credit score improvement, online bill payments, credit card security, payment tokenization, credit bureaus, credit profile, credit card management, digital wallet adoption, credit score factors, cashless convenience, and payment privacy. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, March 21, 2024

Save on Travel Transportation: Your Guide to Rental Cars, RVs and Public Transit

Get savvy about car rental services, pros and cons of RV rentals and navigating public transportation when traveling. What are the best transportation options when traveling with a group?  When is it worth it to rent a car?  NerdWallet’s Meghan Coyle and Sally French discuss group transportation options and public transportation strategies to help you understand how to move your squad around efficiently and economically. They begin with a discussion of various modes of transportation, with tips and tricks for saving money on rental cars. Then, they discuss the ins and outs of RV travel and public transit in cities. They also talk about RV delivery services, managing fuel costs, the practicality of Amtrak for group travel, and the advantages of public transit over car rentals in urban settings. Has this episode given you a travel bug? Then check out our list of the 15 Best Travel Credit Cards of March 2024 . In their conversation, the Nerds discuss: group travel, rental cars, RV travel, public transportation, Amtrak trains, electric vehicles, travel tips, group excursions, travel with friends, family vacations, RV adventures, RV delivery services, rental car expenses, rental car elite status, downtown rental locations, travel logistics, group transportation options, car sharing apps, travel insurance, travel savings, renting electric cars, Turo, GetAround, group travel strategies, group transportation logistics, hop-on hop-off buses, travel by train, urban travel, group road trips, managing travel costs, travel apps, rental car alternatives, efficient transportation, travel planning, group trip planning, sustainable travel, eco-friendly travel, family road trips, and car rental tips. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, March 20, 2024

A Landmark Legal Settlement Could Make Home Buying and Selling More Complicated

Discover how a historic change in the way real estate agents are paid could impact prices for home buyers and sellers. Will housing costs become cheaper under new real estate commission rules? How will the recent settlement by the National Association of Realtors impact home buyers and sellers? Hosts Sean Pyles and Anna Helhoski delve into the details of the $418 million settlement by the National Association of Realtors, discussing its potential implications on the home buying and selling process. NerdWallet mortgage writer Holden Lewis joins the conversation to break down the changes and their possible effects on home prices. From understanding the intricacies of commission negotiations to potential ripple effects on the housing market, this episode equips you with the knowledge to navigate the evolving real estate industry. Whether you're a first-time buyer or a seasoned seller, you'll gain valuable perspectives on optimizing your real estate transactions and making informed financial decisions. In their conversation, the Nerds discuss: real estate commissions, home buyers, home sellers, National Association of Realtors, real estate industry, realtor commissions, housing market, real estate agents, buyer agents, seller agents, real estate negotiations, real estate lawsuit, buyer negotiation, seller negotiation, home prices, home sales, NAR settlement, real estate news, commission structures, buyer-seller negotiations, and real estate commission changes. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, March 18, 2024

Automate Your Way to Building Wealth with Vivian Tu, “Your Rich BFF”

“Your Rich BFF” Vivian Tu explains how to adopt a millionaire’s mindset and shares key strategies for building wealth. How do wealthy people think about building wealth? What career choices can lead to a faster increase in income? Hosts Sean Pyles and Sara Rathner discuss spring financial planning and wealth-building strategies to help you understand how to effectively grow your finances and navigate career advancement. They begin with a discussion of setting SMARTR financial goals for spring, with tips and tricks on setting realistic goals, checking in on your financial objectives, and planning for home improvements.  Then, podcaster, social media influencer, and author Vivian Tu, also known as "Your Rich BFF," joins Sean to discuss wealth-building through passive income and active career decisions. They discuss the importance of making your money work for you, the psychological barriers to seeking higher income, and the significance of securing a meaningful raise or position shift every two years. She shares her insights on transitioning from Wall Street to digital media, democratizing financial knowledge, and cultivating a mindset for wealth accumulation.  In their conversation, the Nerds discuss: financial growth, wealth-building strategies, smart money moves, financial planning, financial freedom, financial literacy, career growth, money management, passive income, salary negotiation, side hustles, investing, home improvement fund, tax season, budgeting, saving money, personal finance, financial goals, wealth accumulation, money strategies, raise negotiation, professional development, financial wellbeing, emergency funds, financial education, financial independence, increase income, workplace dynamics, financial security, money motivation, financial planning tips, money tasks, personal finance philosophy, financial automation, meritocracy, job switching, raise requests, and wealth-building tips. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, March 14, 2024

Group Vacations: Affordable Accommodations, Cost-Splitting, and Embracing Flexibility

Discover tips and get answers to common questions for smooth group travel, from choosing accommodations to managing meals and costs for a successful trip. How can you find the perfect accommodations for group travel without overspending?  How can you split group expenses fairly?  NerdWallet’s Megan Coyle and Megan Lee discuss the ins and outs of group travel accommodations and the logistics of planning a group trip to help you understand how to orchestrate a seamless group vacation experience.  They begin with a discussion of lodging options, with tips and tricks on selecting cost-effective stays, balancing the convenience of hotels against the charm of vacation rentals, and splitting costs to prevent financial surprises. Then, they discuss orchestrating meals for large parties, managing group dynamics by rewarding those who take the lead, and crafting memorable group activities that cater to everyone's interests. Interested in more travel tools? Then check out our list of the 15 Best Travel Credit Cards of March 2024 . In their conversation, the Nerds discuss: group travel, travel planning, group accommodations, vacation rentals, Airbnb, Vrbo, group vacations, travel expenses, travel budgeting, group meals, shared costs, travel tips, group activities, retreat planning, travel harmony, travel expert insights, group lodging, cost savings, group getaways, stress-free travel, group retreats, group travel strategies, travel accommodations, hotel stays, city travel, group dynamics, group costs, travel flexibility, travel adventures, travel amenities, travel experiences, group dining, communal experiences, travel memories, group travel options, group travel challenges, and budget discussions. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, March 13, 2024

Crypto Makes Another Comeback: What's Different This Time?

Understand the recent resurgence of cryptocurrency prices and what the future may have in store for crypto investments. Why did Bitcoin’s price go back up? Why are cryptocurrencies controversial? Hosts Sean Pyles and Anna Helhoski delve into the recent resurgence of cryptocurrency, particularly Bitcoin, after its dramatic fall in previous years. They discuss the factors behind Bitcoin's recent rally, including the upcoming blockchain reward halving and the approval of spot Bitcoin ETFs, shedding light on what this means for investors. NerdWallet investing writer Sam Taube joins the discussion to provide insights into the divisive nature of cryptocurrency, its use as an alternative investment, and the controversies surrounding aspects like mining and environmental impact. In their conversation, the Nerds discuss: bitcoin ETFs, blockchain, digital currencies, ethereum ETFs, crypto investing, cryptocurrency investments, personal finance, cryptocurrency market, bitcoin prices, cryptocurrency trading, cryptocurrency mining, cryptocurrency volatility, DeFi, cryptocurrency regulation, cryptocurrency adoption, and decentralized finance. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, March 11, 2024

How to Choose Between Paying Debt and Investing After a Windfall

Learn from others’ missteps in our new segment, “My Favorite Financial Mistake.” Plus: balancing paying debt vs. saving. 00:39 This Week in Your Money: What can you learn from making financial mistakes? Should you save and invest or pay off debt when you get a financial windfall? Hosts Sean Pyles and Sara Rathner, along with their new co-host Elizabeth Ayoola, discuss turning financial blunders into learning opportunities to help you set up for future financial success. They begin with a candid discussion about their personal financial missteps, offering insights on mental accounting, the perils of emotional spending, and the importance of maintaining flexibility in your financial planning.  13:22 Today’s Money Question: Adam, a Colorado firefighter, joins Sean and Sara to discuss cash windfalls and long-term planning. They delve into the intricacies of choosing between paying off debt and investing in a 529 college savings plan, the merits of a zero percent APR balance transfer, and the joy of spending on memorable family experiences. They also explore long-term financial goals and the art of balancing immediate financial needs with future planning. They highlight the benefits of starting an emergency fund with modest contributions, the strategy of tackling high-interest credit card debt while saving, and the value of investing in life experiences.  In their conversation, the Nerds discuss: financial planning, money management, paying off debt, 529 college savings plan, retirement savings, emergency funds, financial goals, investment strategies, credit card debt, high-yield savings accounts, long-term wealth creation, financial windfall, financial mistakes, educational savings accounts, budgeting, personal finance, managing finances, mental accounting, emotional spending, financial balance, financial empowerment, financial success, economic stability, budgetary slips, financial blunders, credit challenges, money missteps, financial faux pas, long-term planning, financial fears, and financial shame. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, March 07, 2024

Elevate Your Family & Group Getaways: Get Travel Deals with Smart Planning and Points

Get expert tips on affordable group and family air travel, from maximizing points and rewards to booking the best flights and maximizing airline perks. How can you make group travel both enjoyable and affordable?  What are the best strategies for using travel points and credit cards to your advantage when planning group trips?  Hosts Sean Pyles and Meghan Coyle discuss the intricacies of group travel planning and the mastery of travel points and credit card perks to help you understand how to have a memorable group trip without breaking the bank. They begin with a discussion of group travel planning, with tips and tricks on securing the best deals, navigating planning for multiple people, and leveraging travel credit cards to mitigate extra fees such as those for seat selection.  Then, Meghan interviews credit card Nerd Erin Hurd about the nuances of booking flights for groups. They discuss strategies for using points effectively when traveling with a group, the benefits of programs like Southwest Airlines' Early Bird Check-In and Upgraded Boarding, and the flexibility of pooling points with hotel programs like Hilton and Marriott. Has this episode given you a travel bug? Then check out our list of the 15 Best Travel Credit Cards of March 2024 .  In their conversation, the Nerds discuss: group travel, travel savings, travel rewards, travel tips, budget travel, group vacations, travel points, travel credit cards, Southwest airlines, early bird check-in, family travel, travel planning, airline points, companion passes, airport lounges, group flights, group lodging, travel experiences, airline perks, travel benefits, travel coordination, credit card perks, flight booking, pooling points, credit card rewards, airport lounge access, travel itineraries, airline status matching, airline incidental fees, and upgraded boarding. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, March 06, 2024

“Dynamic Pricing” Could Save You Money at the Drive-Through

Understand how you may actually be able to save money on fast food thanks to “dynamic pricing.” What’s the difference between surge pricing and dynamic pricing? How can you take advantage of supply and demand timing for certain products and services? Hosts Sean Pyles and Anna Helhoski tackle the buzz around Wendy’s controversial new pricing strategy, dissecting the confusion surrounding surge pricing and clarifying Wendy’s actual plan of implementing dynamic pricing starting in 2025. They discuss the potential impact this AI-driven pricing may have on consumers and how it could result in discounts based on factors like weather and demand, and its applications in other areas such as ticket sales, hotels, and airlines. In their conversation, the Nerds discuss: dynamic pricing, fast food costs, AI technology, surge pricing, consumer impact, pricing strategies, Wendy’s, rideshare services, supply and demand, menu changes, digital menu boards, AI-enabled technology, real-time data, pricing decisions, ticket sales, value offers, fluctuating prices, industry trends, and price shifts. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, March 04, 2024

Tips to Save on Groceries and Navigate Tax Season

Learn about savvy grocery saving and expert tax filing tips to bolster your budget and ease tax season stress. 1:14 This Week in Your Money: How can you slash your grocery bills and still eat healthy foods amid rising costs? What’s new for this year’s tax season? Hosts Sean Pyles and Sara Rathner discuss saving money on groceries and simplifying tax filing to help you understand how to eat smart, save big, and conquer tax season with ease. They begin with a discussion of frugal grocery shopping, with tips and tricks on comparing unit prices, the benefits of curbside pickup, and incorporating a plant-based diet. NerdWallet’s Alana Benson joins Sean and Sara to explain how she saved $800 on groceries over 5 months, highlighting the financial and health benefits of a plant-based diet and giving practical tips for those who are interested in cutting costs. 10:33 Today’s Money Question: Bella Avila from NerdWallet’s tax team joins Sean and Sara to discuss IRS updates for this tax season, including the new Direct File tax filing software and an update to standard deductions. They also demystify tax brackets, explain how to get your tax refund faster, and weigh the pros and cons of consulting with a professional advisor for personalized financial guidance. In their conversation, the Nerds discuss: tax filing, grocery shopping hacks, grocery bills, tax season, plant-based diets, money saving tips, tax refunds, IRS Direct File, standard deductions, tax brackets, healthy eating, tax filing deadline, tax updates, tax software, student loan interest deduction, curbside pickup, vegetarian meals, tax returns, frugal food shopping, maximizing your return, tax preparation, financial savings, navigating taxes, budgeting tips, tax filing tips, comparing prices, direct deposit, IRS updates, lentils and legumes, affordable eating, tax deductions, and tax rates. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, February 29, 2024

Revitalize Your Budget with a 30-Day Money Cleanse

Discover how to revamp your finances with a 30-day money cleanse that aligns your spending with joy and personal values. How can you set a budget that aligns with your goals?  How can you optimize your spending to reduce waste?  NerdWallet’s Kim Palmer talks to Ashley Feinstein Gerstley, author of The 30-Day Money Cleanse, to help you understand how small changes can make a significant impact on your financial health. They begin with a discussion of the financial cleanse, with tips and tricks on aligning spending with personal values, creating lasting habits in 30 days by using a method that has saved others an average of $950 over 30 days — without feeling deprived.  They also discuss money management tactics that include keeping a money journal, practicing visualization and having money parties. They discuss the benefits of recording feelings associated with each purchase, indulging in simple low-cost activities that bring happiness and aligning spending with personal values for a more satisfying approach to personal finance. In this conversation, you’ll learn about: The 30-day Money Cleanse, financial wellbeing, saving money, frugal living, financial habits, money management, financial health, money mindfulness, budgeting tips, personal finance, spending patterns, financial planning, money journals, visualization techniques, aligning spending with values, financial discussions, financial empowerment, financial strategies, money challenge, saving tips, low-cost activities, financial cleansing, emotional spending, money mindset, money and happiness, fiscal fitness, wealth building, financial conversations, money saving challenge, and money decisions. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, February 28, 2024

Student Loan Debt Relief and the SAVE Plan’s Future with Secretary Miguel Cardona

U.S. Education Secretary Miguel Cardona discusses the early rollout of $1.2B in student loan forgiveness and the future of debt relief. Why did the Biden administration accelerate student loan forgiveness by wiping away $1.2 billion in debt nearly six months ahead of schedule? How will eligible borrowers, especially those enrolled in the new income-driven repayment plan SAVE, be notified of this unexpected relief? Hosts Sean Pyles and Anna Helhoski explain the latest in student loan forgiveness before Anna speaks with Dr. Miguel Cardona, U.S. Secretary of Education. They break down the latest wave of debt relief, totaling a historic 138 billion dollars approved for cancellation among 3.9 million borrowers, all achieved through executive action. They also discuss the motivations behind prioritizing student debt forgiveness and the details of the SAVE plan, offering insights into who benefits, how eligible borrowers will be notified, and what lies ahead for student loan borrowers in 2024.  In their conversation, the Nerds discuss: student loans, loan forgiveness, Saving on a Valuable Education (SAVE) plan, debt relief, income-driven repayment, financial aid, student debt, loan cancellation, loan eligibility, loan notification, executive action, loan benefits, repayment plan, loan borrowers, debt cancellation, loan relief, loan impact, loan insights, loan motivations, federal student aid, and Free Application for Federal Student Aid (FAFSA). To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, February 26, 2024

Unlock the Benefits of 529 Plans to Save for College Tuition and Education Expenses

Learn how to utilize a tax advantaged 529 plan to help your or a friend’s children save for future education expenses. 00:57 This Week in Your Money: What are the risks of purchasing a home without an inspection? How can you plan for major expenses when healthcare providers can’t tell you how much their services will cost? Hosts Sean Pyles and Sara Rathner share their hot takes on unexpected financial challenges, with tips and tricks on handling surprise expenses, understanding the importance of home inspections, and dealing with healthcare industry inefficiencies. 09:46 Today’s Money Question: What are the benefits of a 529 college savings plan? Can you contribute to a friend’s 529 plan to support their child’s future? NerdWallet writer Elizabeth Ayoola joins Sean and Sara to discuss the essentials of 529 college savings plans. They discuss the types of educational expenses covered, the tax benefits associated with 529 plans, and the flexibility of choosing different state plans. They also answer a listener’s question about how to approach the sensitive topic of financial gifts for education with parents, sharing methods for contributing to a loved one’s 529 plan without overstepping boundaries. Then, they discuss the implications of the Secure Act 2.0 on 529 plans, methods for estimating necessary savings for a child's education, and tactful ways to discuss educational contributions with parents. In their conversation, the Nerds discuss: 529 college savings plans, financial planning, educational savings, personal finance, budgeting, unexpected expenses, saving for college, tax-advantaged savings, financial gifts, college fund, education expenses, financial pressures, smart spending, investment plans, home inspection, healthcare costs, higher education, financial obstacles, educational funding, educational investments, financial strategies, money matters, budget woes, financial frustrations, financial storms, monetary setbacks, savvy spending, financial goals, state tax deductions, tax benefits, financial contributions, Roth IRA rollovers, financial planning skills, education costs, college tuition, and family finances. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, February 22, 2024

Succeed in Self-Employment: How to Choose The Best Business Structure for Liability and Taxes (S Corps, C Corps, LLCs, Sole Proprietorships)

Learn how to choose the right business structure for financial success and legal protection as a self-employed entrepreneur with answers to common questions. How do you select the right business structure when you’re self-employed?  What are the financial implications of different business structures on personal finances?  Hosts Sean Pyles and Elizabeth Ayoola help you understand how to navigate your business's legal identity by comparing business structures for self-employment. They begin with a discussion of different business structures available for self-employment, with tips and tricks on separating personal liability from business, the ease of filing taxes as a pass-through entity, and the importance of obtaining an EIN for building business credit.  Then, Elizabeth talks to Bryan Jackson, certified financial planner and senior wealth advisor at Beacon Pointe Advisors, about the nuances of LLCs, S corporations, and traditional corporations. They discuss the pros and cons of each structure, the flexibility of LLCs in terms of membership and taxation and the more stringent requirements of S corps. How do you navigate the complex process of business formation?  What should you consider when transitioning from self-employment to business ownership?  Bryan talks through the critical questions that shape your enterprise's future, offering guidance on the implications of single versus multiple ownership, the relevance of non-U.S. partners and the significance of share transferability. He also delves into topics such as the distinction between being self-employed and a business owner, the benefits of formalizing a business early, and the different financial impacts of each business structure on personal finances. In their conversation, the Nerds discuss: business structure, entrepreneurship, LLC, S corp or S corporations, sole proprietorship, business formation, financial success, self-employed, types of corporations, liability protection, tax implications, financial planning, business entities, choosing a business structure, small businesses, business credit, pass-through taxation, business ownership, liability, taxes, legal identity, business registration, EIN number, business bank account, corporate veil of protection, liability exposure, side hustles, business credit profile, business incorporation, liability separation, SBA loans, tax preparation, self-employment journey, business liabilities, business profits, and tax filing. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, February 21, 2024

Navigating Surging Mortgage and Child Care Costs

Explore strategies to navigate surging mortgage and child care costs so you can meet your goals despite rising expenses. How are rising mortgage and child care costs impacting the typical American family? Hosts Sean Pyles and Anna Helhoski tackle the pressing issue of the dual financial burden faced by many households today. They discuss the nuances of the affordability crisis before NerdWallet writer and mortgage expert Kate Wood joins them to shed light on the housing market dynamics, explaining how supply and demand, coupled with higher mortgage rates, are contributing to soaring home prices. They also share insights into the outlook for mortgages in the coming year and practical advice for prospective homebuyers, especially those grappling with high child care costs.  In their conversation, the Nerds discuss: mortgage costs, child care expenses, housing affordability crisis, financial challenges, high mortgage rates, home buying strategies, economic realities, rising living expenses, practical solutions, affordability crisis, real estate analysis, family finances, household income, affordable housing, child care budgets, housing market dynamics, financial well-being, financial impact, creative living situations, navigating expenses, financial resilience, child care subsidies, housing market trends, mortgage rates outlook, prospective home buyers, housing market outlook, financial insights, and financial strategies. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, February 19, 2024

Wealth Building Strategies: Investing and Tax Tips for Financial Success

Learn investment and tax strategies to help you achieve financial security and prepare for a prosperous retirement. How can you balance saving for emergencies and investing for the future? What strategies can you employ to maximize your tax benefits and build a secure financial future? NerdWallet’s Kim Palmer and Alana Benson discuss investment strategies and tax planning to help you understand how to navigate your financial journey effectively. They begin with a discussion of investment strategies, with tips and tricks on understanding different investment accounts like 401(k)s and IRAs, leveraging compound interest, and the importance of starting investments early. Then, Alana discusses tax planning and filing in-depth, covering the intricacies of different tax forms like W-4s and W-2s, the significance of estimated taxes for freelancers, and strategies for managing capital gains taxes. Kim and Alana delve into retirement planning and the challenges of active versus passive investing. They provide a framework for prioritizing your finances, emphasizing the creation of an emergency fund, taking advantage of employer 401(k) matches, and understanding the role of asset allocation based on age and risk tolerance. Additionally, they tackle the decision-making process in personal finance, such as choosing between paying off debt and investing, and the pros and cons of having a financial advisor. In their conversation, the Nerds discuss: getting started with investing, tax strategies, retirement planning, financial advisors, Roth IRA, 401(k), individual retirement accounts, compound interest, investment accounts, passive investing, active investing, index funds, emergency funds, capital gains taxes, how to build wealth, investment strategy, tax filings, W-4 and W-2 tax forms, estimated taxes, freelancing, financial goals, saving money, risk tolerance, asset allocation, tax planning, financial planning, investment tips, tax tips, financial decisions, savings account, and brokerage accounts. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, February 15, 2024

Saving for Retirement When You’re Self-Employed: SEP IRAs, SIMPLE IRAs and Other Plans

Learn retirement savings strategies tailored for self-employed individuals to secure a financially stable future. How can self-employed individuals effectively save for retirement? What tailored retirement plans should freelancers and small business owners consider? NerdWallet’s Sean Pyles and Elizabeth Ayoola discuss the unique challenges of retirement savings for the self-employed and the different retirement plans available to help you understand how to secure your financial future while running your own business. They begin with a discussion of the hurdles of inconsistent income and strategies to manage expenses, with tips and tricks on proactive contribution, the transformative power of compounding interest, and paying oneself a consistent salary. Ayesha Selden, a stock broker, certified financial planner, real estate investor, and art collector,  joins Elizabeth to discuss the intricacies of various retirement accounts for the self-employed. They delve into the benefits of using qualified plans like solo 401(k)s, SEP IRAs, and SIMPLE IRAs, aligning retirement plans with business models, and the strategy of funding retirement through the sale of a business. They also highlight the importance of diversification to mitigate risks, building strong savings habits early on, and the potential of setting a consistent salary for financial stability. In their conversation, the Nerds discuss: retirement savings, self-employed financial planning, retirement plans, retirement strategy, retirement contributions, solo 401(k), SEP IRA, SIMPLE IRA, compounding interest, certified financial planner, financial independence, retirement planning strategies, saving for retirement, business owners, retirement savings options, tax-deferred investments, managing expenses, investment diversification, retirement funding options, self-employment tax, financial management, employee and employer contributions, retirement accounts, consistent salary, fluctuating income, wealth management, retirement savings habits, retirement savings goals, employer matching, retirement savings accounts, retirement nest egg, saving habits, retirement planning advice, self-employment benefits, maximizing retirement savings, investment vessels, financial foresight, and retirement income streams. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, February 14, 2024

Money News: Capitalize on New Car Price Drops and Job Market Resilience

Learn why now may be a good time to be in the market for a new car and why two industries are outliers in job layoffs. Why did new car prices drop in January? What’s driving layoffs in tech and media — and what does it mean for other jobs? Hosts Sean Pyles and Anna Helhoski discuss car prices and a recent surge in layoffs, particularly in the tech and media sectors. They kick off with an in-depth look at the auto industry, unraveling the reasons behind a significant drop in new vehicle prices and the impact of credit-tightening on car loans. The hosts share three key takeaways, emphasizing the implications for consumers looking to purchase a new car. Then, Sean and Sara delve into the complex landscape of layoffs, dissecting the trends in tech and media job cuts. They discuss the factors contributing to the tech industry's layoff spree and the challenges faced by the media sector, shedding light on the broader job market resilience despite specific sectorial challenges. In their conversation, the Nerds discuss: car prices, layoffs, auto industry, credit-tightening, job market trends, tech layoffs, media job cuts, labor market resilience, interest rates, new vehicle prices, manufacturing, economic growth, consumer confidence, Dealertrack Auto Credit Total Loan Index, credit availability, inflation, economic indicators, stock market, personal finance news, job market analysis, economic outlook, job gains, unemployment rate, and financial trends. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, February 12, 2024

How to Have Difficult Money Conversations with Friends and Partners featuring Nicole Lapin

Apply lessons from physical fitness to improve your financial fitness. Plus: how to manage money in your relationships. 00:21 This Week in Your Money: How can you achieve both financial and physical wellness? How can you stick to your goals when you face setbacks? Hosts Sean Pyles and Sara Rathner discuss achieving financial wellness by borrowing lessons learned from people working to achieve physical wellness. NerdWallet UK writer and spokesperson Amy Knight joins Sean and Sara to share tips and tricks on setting realistic goals, developing sustainable habits, and being patient with your progress. She offers actionable takeaways on how to achieve your financial goals, whether you’re hoping to create an emergency fund, clear credit card debt, or increase pension contributions. 10:44 Today’s Money Question: How do you talk about money with your romantic partner — or your friends? Why should you try to build a financially interdependent relationship? Personal finance journalist and podcaster Nicole Lapin joins Sean to discuss the delicate balance of finance in friendships and romance. They explore the importance of being cautious while open to trust, handling financial disparities among friends, and the significance of being financially interdependent as a balance between codependence and independence. They cover topics such as financial conversations evolving with the relationship stage, managing differing financial priorities, and supporting friends through financial challenges. You can listen to Nicole's podcast, "Money Rehab with Nicole Lapin," at https://podcasts.apple.com/us/podcast/money-rehab-with-nicole-lapin/id1559564016 In their conversation, the Nerds discuss: personal finance, financial wellness, fitness and finance, money management, budgeting, financial goals, emergency funds, credit card debt, financial habits, sustainable habits, physical fitness, relationship finance, financial conversations, estate planning, financial planning, financial interdependence, money and relationships, setting goals, financial discipline, financial dialogues, financial priorities, transparency in finance, financial disparities, money talks, financial infidelity, budget constraints, financial advisors, debt management, financial integrity, managing finances, awkward money conversations, love and money, fiscal fitness, and talking about money in platonic and romantic relationships. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, February 08, 2024

Taxes for the Self-Employed: Avoid Common Tax Mistakes and Navigate Freelancer Finances

Learn about self-employment taxes and avoid common tax mistakes with expert strategies for managing your finances year-round. How do self-employed taxes work?  What are some common tax mistakes self-employed people make?  And can you really write off payments on a luxury vehicle if you use it for work purposes?  Hosts Sean Pyles and Elizabeth Ayoola discuss the intricacies of self-employment taxes and strategies for financial success and IRS compliance to help you understand how to navigate tax season as an independent worker. CPA and financial strategist Krystal Todd joins them to delve further into the details of self-employment taxes, with tips and tricks on budgeting for personal and professional life, the importance of making quarterly tax payments, and whether to DIY taxes or hire a professional.  They also discuss strategies like depreciating assets, the benefits of hiring family members and navigating the complexities of tax deductions. Plus: financial strategies for handling unexpected income and managing self-employment taxes, the importance of setting aside funds for unexpected expenses, and the advantages of timing revenue recognition and prepaying expenses for tax benefits. In their conversation, the Nerds discuss: personal finance, self-employment taxes, tax season for the self-employed, quarterly tax payments, financial success, IRS compliance, tax planning, tax deductions, managing finances, budgeting for self-employed, S Corporation benefits, tax mistakes, estimated taxes, IRS payment plans, financial tracking, tax law, Corporate Transparency Act, tax strategies, luxury vehicle tax writeoff, freelancer taxes, gig worker taxes, solo entrepreneur taxes, tax compliance, tax penalties, IRS audit, proactive money management, business growth, cash basis accounting, tax professionals, tax schemes, financial surprises, budgeting tips, bookkeeping tips, and tax planning on an inconsistent income. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, February 07, 2024

Money News: Navigating News-Based Investing Strategies, Risks, and Alternatives

Understand news-based stock market trading strategies and risks and discover alternative strategies for smarter investing. Should you trade stocks based on news events? What are alternative investment strategies to news-based trading? Investing Nerd Sam Taube joins hosts Sean Pyles and Anna Helhoski to discuss the wisdom—or folly—of news-based trading strategies, after Sean and Anna break down the latest personal finance headlines around job market trends and consumer confidence from the University of Michigan Surveys of Consumers. Sam explains how news has played out in the stock market, including some unexpected outcomes that illustrate the difficulty in predicting market movements based on news events. The hosts transition to a discussion on alternative investment strategies, such as value investing, growth investing, and dividend investing. They delve into the nuances of these approaches, offering three listener-focused takeaways to help navigate the complexities of the stock market. In their conversation, the Nerds discuss: personal finance, investing strategies, stock trading, financial news, alternative investments, value investing, growth investing, dividend investing, market trends, economic data, interest rates, consumer confidence, money headlines, job market, stock market, news-based trading strategies, investing tips, wealth management, market analysis, financial literacy, money management, investment options, economic indicators, stock market outlook, financial trends, investment decisions, news events, market volatility, economic outlook, investing education, and portfolio management. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, February 05, 2024

How to Freeze and Monitor Your Credit to Help Prevent Identity Theft

Learn about navigating retirement joyfully and how to defend against identity theft with credit freezing and monitoring. How do you embrace retirement when it’s time to retire? How can you use credit reports and credit monitoring to protect your financial identity? Hosts Sean Pyles and Sara Rathner discuss transitioning into retirement and safeguarding against identity theft to help you understand the emotional and practical aspects of retiring and the crucial steps to defend your financial information.  00:50 This Week in Your Money: Recently retired podcast alum Liz Weston joins Sean and Sara to discuss her transition into retirement. She offers tips and tricks on overcoming fear of the unknown, ensuring financial and health insurance plans are in place, and finding fulfilling post-career activities.  10:30 Today’s Money Question: Listener Catie joins Sean and Sara to share a story about identity theft and to ask how she can safeguard herself from similar issues in the future. Sean and Sara discuss the necessity of credit freezes, strategies to monitor credit reports, and adopting vigilant password practices. They also explain how you can freeze your credit with relative ease, retrieve a copy of your credit report for free as often as once a week, and weigh the decision of whether to monitor your own credit or outsource it to a credit monitoring service. In their conversation, the Nerds discuss: personal finance, retirement planning, identity theft, financial identity protection, credit freeze, credit bureaus, personal finance, financial planning, life transitions, identity theft prevention, credit card fraud, financial security, Equifax, Experian, TransUnion, credit report, safeguarding finances, retirement advice, financial legacy, navigating retirement, credit monitoring services, credit card security features, protecting personal finances, credit fraud, freezing credit, credit theft, post-career life, emotional aspects of retirement, retirement goals, credit report freezing, financial identity theft, retirement strategies, and credit card application fraud. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@NerdWallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, February 01, 2024

Is Self-Employment for You? A Financial Guide for Entrepreneurs

Master your self-employment finances with answers to questions about budgeting, planning, and separating funds. How can you manage your finances effectively after becoming self-employed?  What can you do to plan for unpredictable income and the tax implications that come with being your own boss?  NerdWallet's Sean Pyles and Elizabeth Ayoola host a discussion that delves deep into the world of self-employment. Elizabeth interviews Rianka Dorsonville, a self-employed certified financial planner, about critical questions to consider before embarking on your entrepreneurial journey. She also discusses the importance of budgeting, the necessity of maintaining separate personal and business finances, and the significance of establishing an emergency fund. Aspiring to be financially savvy while managing your own business can be daunting, especially when dealing with variable income and tax requirements. The podcast offers a treasure trove of insights for anyone considering or already navigating the solo financial journey. Rianka, with her expertise, sheds light on creating a simple yet effective budgeting framework, avoiding the pitfalls of commingling finances, and the psychological aspects of self-employment, including the benefits of professional help and therapy. This episode is a guide to crafting a stable financial foundation for anyone looking to become economically self-sufficient through entrepreneurship. In their conversation, the Nerds discuss: self-employment, financial journey, self-employed certified financial planner, entrepreneurship, budgeting, emergency funds, bookkeeping, independent business, fiscal solvency, financial independence, taxes, income unpredictability, personal and business finances, expense management, emotional rollercoasters, professional help, therapy, tax strategies, navigating self-employment, financial pitfalls, 1099 workers, business entities, tax rules, retirement options, financial security, and side hustles. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, January 31, 2024

Money News: Some States, Cities Crank Up Minimum Wage While Feds Lag

Get an in-depth look at U.S. minimum wage variations, with budgeting tips and assistance programs for financial security. Are we in a recession? How much inflation has happened in the US recently? Is it too early to file your taxes? Hosts Sean Pyles and Anna Helhoski delve into this week’s financial headlines, including positive GDP growth and the implications of inflation on interest rates, before taking a closer look at the pressing issue of minimum wage in the United States. They address the disparities in minimum wage across states and cities and how it impacts workers. Plus, analysis of data on minimum wage increases in various areas, highlighting significant bumps in pay rates. Their discussion covers the highest minimum wages in the U.S., emphasize the challenges faced by those stuck at the federal minimum wage of $7.25 per hour and the struggles of hourly workers to keep up with inflation, and offer suggestions to help listeners facing financial difficulties, including budgeting tips and reaching out to organizations equipped to offer support for those who need it. In their conversation, the Nerds discuss: minimum wages, budgeting tips, financial assistance, hourly workers, inflation, GDP growth, interest rates, personal finance, money headlines, tax season, federal minimum wage, income, consumer confidence, financial crisis, eviction, food insecurity, assistance programs, 50/30/20 rule, SNAP benefits, bills, payment plans, mortgage, rental assistance, legal aid, economic outlook, economic trends, gross domestic product, Federal Reserve, inflation-adjusted GDP, disposable incomes, financial counselors, 211, Emergency Rental Assistance Programs, Legal Services Corporation, National Low Income Housing Coalition, Inflation Reduction Act, stock market, recession predictions, part-time jobs, gig economy, and financial security. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Like what you hear? Please leave us a review and tell a friend.

Mon, January 29, 2024

What’s an HSA? Growing Wealth with Health Savings Account Investing

Understand the different ways you can utilize a healthcare savings account and learn tips and tricks for HSA investing. 00:46 This Week in Your Money: Where can you find an unbiased analysis of the best financial products available? What products can help you make the most of your finances? Hosts Sean Pyles and Sara Rathner discuss NerdWallet’s Best-Of Awards, a resource that can serve as a shortcut when it comes to finding the right financial tools for your goals. They share some highlights from this year’s awards, including the best all-purpose travel rewards credit card and the best broker for beginner investors. 06:23 Today’s Money Question: How does HSA investing work? Investing Nerd Alieza Durana joins Sean and Sara to answer a listener’s questions about health savings accounts — what are HSAs, how do they work, and what are the benefits of having one? She discusses how you can use HSA funds for qualified medical expenses, how HSAs are similar to 401(k)s or Roth IRAs, and the triple tax advantages of HSAs. She also addresses the debate around whether to spend HSA funds on current medical expenses or save them for future healthcare costs in retirement, which leads to a discussion on balancing the need for immediate healthcare with long-term savings goals. In their conversation, the Nerds discuss: health savings accounts, HSA investing, financial products, financial tools, financial future, investment potential, credit cards, investment accounts, financial landscape, tax-free growth, retirement healthcare costs, Best-Of Awards, unbiased reviews, mortgages, savings accounts, financial decision-making, prosperity, spend or invest, annual contributions, high deductible health plans, HDHP, qualified medical expenses, investment potential, shopping smart, managing money, and financial maximization. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, January 25, 2024

Saving Money with Credit Card Rewards Points: Travel, Cash Back and More

Get answers to common questions that will allow you to maximize your credit card rewards points and avoid common point planning pitfalls with our Nerdy expert tips. How can you travel more while spending less? How could changes in airline loyalty programs affect your travel plans? What are the benefits of co-branded airline or hotel credit cards versus flexible rewards cards? NerdWallet’s Sean Pyles and Erin Hurd dive deep into credit card rewards points, addressing a range of topics that will resonate with anyone eager to maximize their credit card points and travel perks. They discuss recent changes in airline loyalty programs, including Delta and Alaska Airlines, and explore the advantages and drawbacks of co-branded airline or hotel credit cards and the benefits of using flexible rewards cards. They also present strategies for maximizing credit card sign-up bonuses while avoiding common mistakes that can lead to fewer rewards, and offer tips for how you can track and manage credit card points and perks. Sean and Erin also explain the pitfalls of carrying a balance on travel credit cards, the implications of credit card fees and surcharges at local stores, potential industry changes, such as interest rates and fee structures, and the potential impact of the Credit Card Competition Act on rewards programs. In their conversation, the Nerds discuss: credit card points, travel rewards, personal finance, airline loyalty programs, Delta, Alaska Airlines, co-branded credit cards, flexible rewards cards, sign-up bonuses, spending traps, unused points, strategic spending, credit card portfolio, tracking perks, minimum spending requirements, bonus categories, carrying a balance, credit card fees, everyday purchases, travel booking, annual fees, credit card industry, interest rates, reward system changes, credit card perks, value of points, credit card bonuses, and the Credit Card Competition Act. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend. Show Note Links: What Is the ‘Chase Trifecta’? How to Maximize Rewards With the AmEx Trifecta

Wed, January 24, 2024

Money News: Strategies for Building a Safety Net and Single-Parent Finances Unpacked

Uncover 30-year trends in single-parent household finances with insights on growth, challenges and building a safety net. What should you do when stock markets hit record highs? Is now a good time to buy or sell a home now that mortgage rates have dropped again? How can you build a safety net when you’re a single parent? Hosts Sean Pyles and Anna Helhoski break down the latest headlines from the world of personal finance, including record-breaking stock market events, increases in consumer confidence, and the lowest mortgage rates since May 2023. NerdWallet Senior Writer Elizabeth Renter then joins Sean and Anna to discuss a new NerdWallet report that delves into the financial well-being of single-parent households – a group that includes nearly a quarter of all children in the U.S. She provides valuable insights into the trends, improvements, and challenges faced by single-parent households over the years. Drawing from her personal experience as a single parent, Elizabeth shares strategies for building a financial safety net for those facing unique challenges. In their conversation, the Nerds discuss: personal finance, financial well-being, single-parent households, NerdWallet report, stock market, bull market, S&P 500, Dow Jones, consumer sentiment, inflation, gas prices, housing market, mortgage rates, homebuyers, home sellers, real estate, financial trends, long-term investment, market movements, economic outlook, financial challenges, income growth, net worth, homeownership, financial opportunities, and emergency funds. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, January 22, 2024

Wrinkles and Wealth: Navigate Skincare Costs and Net Worth Goals for Retirement

Learn how much anti-aging treatments may cost you (and how to budget for them), plus how to understand your net worth. 00:54 This Week in Your Money: How much does it cost to look younger? What can you do for free to maintain your youthful appearance? Hosts Sean Pyles and Sara Rathner discuss the costs associated with various anti-aging treatments like moisturizers, Botox, dermal fillers, and laser skin resurfacing, and how to budget to be able to pay for them over time. They also touch on preventative care, underscoring the effectiveness and affordability of daily sunscreen use and topical serums as foundational elements in maintaining a youthful appearance. 12:59 Today’s Money Question: Charlene, a 29-year-old listener in Texas, joins Sean and Sara to discuss her questions about net worth. They talk about the significance of net worth as a financial metric and the common pitfalls of comparing one's net worth to that of others. Charlene shares her disciplined approach to saving and her aspirations for financial independence and an early retirement, and how net worth relates to her progress towards achieving her goals. Sean and Sara address the concept of net worth beyond just 401(k) balances and the potential pressure of societal expectations on financial milestones, with information that could serve as a guide for listeners aiming for similar goals. In their conversation, the Nerds discuss: personal finance, skincare, financial freedom, early retirement, beauty investments, cosmetic procedures, Botox, fillers, laser treatments, sunscreen, serums, calculating your net worth, savings discipline, compound interest, retirement calculators, frugality hacks, financial independence, anti-aging treatments, dermatology, preventative care, financial planning, wealth-building, retirement savings, FIRE movement, aggressive saving, investing strategies, and retirement benchmarks. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, January 18, 2024

How to Navigate Home Buying and Selling in 2024: Real Estate Prices, Interest Rates and More

Understand your options for buying or selling a home in the rapidly evolving 2024 housing market — and how to time it, or not. When will homes become more affordable? Is it a buyer’s market or a seller’s market? How can you figure out how much house you can afford? Homes and Mortgages Writer Kate Wood joins host Sean Pyles with an in-depth analysis of the 2024 housing market, providing strategies for both buyers and sellers to tackle the challenges posed by high mortgage rates and a limited housing supply. They begin with a discussion on the complexities of the current market and the importance of credit-building and budgeting for potential buyers. For sellers, they share tips for making smart home improvements and preparing more generally for selling a home in the current housing market. Kate also explains mortgage rate locks and discusses recent fluctuations in mortgage interest rates and their impact on the market. She shares a historical perspective comparing past mortgage rate highs and lows, emphasizes the significance of personal timing over market timing when making real estate decisions, and breaks down the role of the Federal Reserve in influencing mortgage rates. In their conversation, the Nerds discuss: 2024 housing market, strategies for buyers, strategies for sellers, high mortgage rates, housing inventory, real estate, home buying success, financial readiness, rate protection, mortgage rate lock, mortgage interest rate fluctuations, historical rate comparisons, Federal Reserve influence, housing market timing, home ownership, real estate transactions, Zillow predictions, Realtor.com predictions, housing affordability, good credit, down payment, bidding wars, and first-time homebuyer programs. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, January 17, 2024

Money News: Conquer Your Part of $1.2 Trillion in U.S. Credit Card Debt

Understand the implications of Americans’ $1.2 trillion credit card debt, the latest inflation stats, and SAVE plan news. Are you eligible for student loan forgiveness if you’ve been on the SAVE plan? What do the Commerce Department’s latest inflation figures mean for how much things cost? How can you pay off debt, which more Americans faced in 2023 than in the previous year? Hosts Sean Pyles and Anna Helhoski break down this week’s headlines to help you understand how they could affect you — and your wallet. You’ll learn about what makes certain people on the SAVE plan (Saving on a Valuable Education) eligible for student loan forgiveness, how recent inflation numbers could impact your expenses, and a reminder as to why you should be mindful of financial scams. Plus: longtime podcast host Sara Rathner joins Sean and Anna to discuss the results of NerdWallet’s annual household debt study, providing essential insights into the challenges faced by those with revolving credit card debt and offering practical steps for navigating the complexities of household finances. In their conversation, the Nerds discuss: personal finance news, NerdWallet’s annual household debt study, credit card debt, student loans, student loan forgiveness, inflation, Commerce Department, interest rates, Andy Cohen, financial scams, debt management, debt crisis, the US economy, financial burdens, and managing household finances. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, January 15, 2024

Your Guide to Choosing Banks and Accounts for Building Wealth

Listen to our webinar on how banking right can help you grow your money, with tips for choosing accounts and changing banks.  What are the benefits of online banks or credit unions over traditional banks? What should you consider before changing banks? How can you passively grow your wealth by putting your money into savings accounts and CDs? NerdWallet’s Kim Palmer moderates a discussion on banking-specific topics that could help you get more from your money. 01:34 Choosing a Banking Institution: Banking Nerd Spencer Tierney explores the essentials of banking, from choosing the right bank accounts to understanding the benefits of different banking institutions like online banks, credit unions and national banks. He discusses the importance of federal deposit insurance for account safety and how banks use your deposits to fund loans and investments, potentially paying you interest in return. He also touches on the convenience and security offered by banks through services like direct deposits, bill payments, and encrypted online platforms, and covers the pros and cons of online banks. 10:47 Different Types of Bank Accounts: Banking Nerd Chanelle Bassette explains basic types of bank accounts, including checking accounts, savings accounts and certificates of deposit (CDs), each serving different financial purposes. She emphasizes the importance of high interest rates and savings features like automatic transfers and roundup programs. Then, she discusses how CDs can help you reach medium to long-term savings goals. 22:34 Leveraging Savings Accounts for Financial Growth: Banking Nerd Margarette Burnette discusses the benefits and strategies for optimizing savings through high-yield savings accounts. She discusses the security provided by federally insured accounts and the impact of rising federal interest rates that can benefit savers. She also explains the power of compound interest by comparing the growth offered by traditional low-interest savings accounts with the gains possible from high-yield accounts, and touches on the difference between simple interest and APY. In their conversation, the Nerds discuss: personal finance decisions, smart banking, financial growth, bank selection, savings accounts, choosing the right bank, high-yield savings accounts, avoiding fees, checking accounts, certificates of deposit, CDs, direct deposits, federal deposit insurance, FDIC, online banking, credit unions, national banks, financial empowerment, banking strategies, automatic savings features, account safety, interest rates, APY, simple interest, banking landscapes, financial aspirations, banking tools, encrypted online platforms, consumer banking, overdraft fees, shopping for banks, second chance checking accounts, fresh start checking accounts, bank accounts, savings goals, compound interest, federal interest rates, federally insured accounts, money management, financial se

Thu, January 11, 2024

How to Manage Credit and Debt for Financial Wellness

Prepare for financial health in 2024 with expert strategies for managing your credit and getting and staying out of debt. What’s the right amount of credit utilization to maintain a high credit score? How can reviewing your credit reports impact your financial health? Credit Nerd Lauren Schwahn joins host Sean Pyles to answer these questions and more as they delve into the intricate world of credit and debt management. They discuss how you can overcome the financial strain that typically follows the holiday season and focus on strategies that could enhance your fiscal health. They explore many different aspects of credit management, including analyzing holiday spending patterns, maximizing credit card rewards, assessing the value of annual fees, and planning for upcoming major expenses. Sean and Lauren also talk through the complexities of credit scores and offer strategies for paying down credit card debt, especially in the context of rising interest rates.  In their conversation, the Nerds discuss: financial freedom, credit management, debt strategies, credit card rewards, fiscal reset, annual fees, major expenses, financial success, credit reports, credit fraud, credit score, timely payments, interest rates, savings strategies, budgeting hacks, financial well-being, post-holiday recovery, holiday spend habits, credit utilization, credit limits, authorized users, loan terms, balance transfer credit cards, debt avalanche, debt snowball, 50/30/20 budget, credit counseling, credit score improvement, minimum payments, credit bureaus, annualcreditreport.com, credit score tiers, APR, debt management, and student loan payments. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, January 10, 2024

Money News: How to Navigate New FAFSA for Federal Student Loan Aid

Explore FAFSA’s impact on college finances, including changes to the application process and shifts in aid eligibility. How do changes to FAFSA affect your eligibility for federal student loans and need-based grants? What’s the best way to navigate the recent rollout amid technical issues with the website when it launched last month? What information do you need in order to complete your FAFSA application, and what happens after you submit it? Hosts Sean Pyles and Anna Helhoski delve into the chaos surrounding the release of the revamped FAFSA (Free Application for Federal Student Aid) with special guest Eliza Haverstock, NerdWallet’s expert on student loans.  You’ll walk away with essential advice on completing FAFSA paperwork, timeline expectations for applicants, and avenues for seeking assistance. Plus: hear the latest financial headlines around surprising job market figures, fluctuating gas prices, the FDA's approval for Florida to import drugs from Canada, and the Education Department's actions on student loan servicers.  In their conversation, the Nerds discuss: financial aid, college expenses, new FAFSA changes, student loans, tuition, education costs, scholarships, grants, application process, college affordability, federal aid, student financial aid packages, college funding, tuition fees, aid eligibility, student aid index, college financials, education expenses, FAFSA glitches, aid impact, financial aid awards, aid alterations, student aid formulas, college financing, December jobs report, Labor Department, hiring binge, gas prices, drug imports from Canada, Florida law, MOHELA, Aidvantage, EdFinancial, Nelnet, Department of Education, and FSA ID. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, January 08, 2024

Romance and Real Estate: Navigating Shared Rent and Housing Expenses

How can couples split housing expenses without splitting up? Learn how to keep your finances — and relationship — healthy. 01:30 This Week in Your Money: What part of your life can have an unexpected impact on your finances? Hosts Sean Pyles and Sara Rathner discuss how personal experiences with ADHD and side hustles have had financial implications for them beyond what you might expect. Learn how unexpected opportunities and even scrolling social media can impact your buying decisions and affect your bottom line. 12:31 Today’s Money Question: What’s the best method for splitting housing costs with your significant other? How can you figure out what’s “fair” when one partner is making a lot more money than the other? NerdWallet writer Kate Wood joins Sean and Sara to help answer a listener’s question about how to split living expenses like mortgage and utility bills when cohabitating with a loved one.  They explore various options for splitting rent or mortgage payments, including informal agreements, formal rental contracts and tenancy in common. They also weigh the pros and cons of a classic 50/50 split versus splitting housing costs proportionally based on income, and explain why having an emergency fund is especially important when living with a romantic partner. You’ll walk away with a better understanding of how you can ensure fairness and transparency through practical tips that can keep both your relationship and your finances healthy. We also wanted to let you know about an upcoming webinar from our tax Nerds on Wednesday, January 17th at 9:00 AM Pacific Time, noon Eastern Time. You will get the rundown on all things taxes, like tax credits, deductions, tax advantaged accounts, and how to prepare for a filing season. Space is limited, so click the link in the episode description to register. In their conversation, the Nerds discuss: finances, housing costs, cohabitation, sharing expenses, couples, money in relationships, mortgage, income-based strategies, impulse buys, written contracts, roommate tax implications, cohabitation agreements, managing money, sensitive financial discussions, transparency, cost-splitting methods, financial partnerships, housing budgeting, formalizing financial arrangements, rental agreements, tenancy in common, financial responsibilities, life goals, and emergency funds. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, January 04, 2024

Your Money in 2024: Investment Strategies for Financial Success

Gain 2024 investment insights and get answers to questions on long-term strategies, stock market volatility, real estate investments trusts and more. Investing writer Alana Benson joins host Sean Pyles to discuss investing in 2024. They discuss the importance of having a long-term investment strategy, the performance of the stock market in 2023, the impact of interest rates on investments, and the potential for growth in sectors such as AI and green energy.  They also touch on the benefits of investing in 10-year Treasury notes (T-notes), real estate investment trusts (REITs) and high-yield savings accounts, among other advice for those looking to grow their wealth by getting into investing in the new year.  In their conversation, the Nerds discuss: stock market volatility, investment insights, 2024 investments, financial landscape, long-term financial goals, risk management, AI sector, high yield savings accounts, green energy, REIT, economic resilience, portfolio diversification, stock market performance, psychology and the economy, 10-year Treasury notes (T-notes), economic growth, active traders, economic vibes, and inflation. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, January 01, 2024

How to Set Goals You Can Actually Achieve

Take your New Year’s Resolutions to the next level by establishing SMARTR financial goals that you can achieve in 2024. Wondering how to set financial goals you’ll actually follow through on? Have questions about how to avoid end-of-year financial regrets? The Nerds have you covered! Explore strategies for setting realistic goals in 2024 with hosts Sean Pyles and Elizabeth Renter as they discuss “regrets and resolutions” and share ideas to help you take your 2023 experiences in stride, learn from them, and use them as stepping stones for creating a stable financial future.  They explore some of the financial regrets that haunted many Americans in 2023, including overspending and saving too little, and provide tips for avoiding common financial regrets, such as taking on too much credit card debt. Sean also explains his SMARTR framework for setting and achieving goals, which you can apply to your New Year’s Resolutions or any other goal you have in 2024. In their conversation, the Nerds discuss: SMARTR financial goal setting, financial regrets, setting realistic goals, budgeting, saving, credit card debt, large expenses, New Year’s resolutions, goal setting framework, emergency funds, and retirement savings. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, December 25, 2023

Social Media Shopping Tips and Smart Spare Cash Investing

Learn pro tips for shopping on social media so you don’t overspend, and smart strategies for investing your spare cash. This Week in Your Money: Get equipped with practical tips to shop smart on social media platforms and stay vigilant against overspending. Personal finance Nerd Kimberly Palmer joins hosts Sean Pyles and Liz Weston for a Nerdy look at how your social media feed may be leading you to spend more money than you should. You’ll learn about useful browser extensions to help you compare prices, a reminder to check customer reviews and how the setting and a false sense of urgency can lead people to spend too much money and perhaps share too much personal information. Today’s Money Question: Investing Nerd Sam Taube joins Sean and Liz to answer a listener’s question about how to invest extra money currently sitting in a high-yield savings account. The Nerds take a deep look into the importance of emergency funds and how to set realistic financial goals, offering practical advice on starting your own emergency fund and discussing how your cost of living can influence the amount you should consider saving. They also explain how using online banks can make savings goals more tangible, before they switch gears and dive into the vast world of investment options, including the mutual funds, exchange traded funds, individual stocks, high-interest savings accounts and money market accounts. Takeaway Tips. In their conversation, Sean and Liz discuss: social media shopping; influencer marketing; price comparison shopping; how to read customer reviews; smart shopping browser extensions; limited time offers; options for investing spare cash; emergency funds; cost of living adjustments; online bank savings buckets; short-term and long-term financial goals; money market savings accounts; money market mutual funds; CDs; and splurging. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, December 21, 2023

Learn From The Nerds: Best Money Moves of 2023

In this episode of NerdWallet's Smart Money Podcast, hosts Sean Pyles and Sara Rathner share the best money moves of 2023 as submitted by their fellow colleagues. Some of the highlights include saving aggressively to prepare for future expenses, getting rid of private mortgage insurance, automating finances for budgeting and planning, setting up 529 college savings plans for children, shopping around for the best mortgage rates, and understanding the difference between an emergency fund and a rainy day fund.

Wed, December 20, 2023

Money News: Financial Insights from 2023's Biggest Headlines

We recap the financial rollercoaster that was 2023, including interest rates, market movements, travel mishaps and more. Before reviewing this year’s biggest financial news headlines, hosts Sean Pyles and Anna Helhoski discuss federal interest rates, dropping mortgage rates, strong holiday spending numbers, and two new record highs — one for the stock market, and the other for a Southwest Airlines fine. Then, Sean and Anna turn their attention to an analysis of the economy's bizarre yet resilient nature in 2023. They discuss the strength of the job market, inflation fluctuations, surprising deflation in certain sectors, Congress's tussles over the debt ceiling, banks collapsing, and the trials of student loan borrowers. They also discuss the news that came at the conclusion of 2023, including looming government shutdown concerns and ongoing Congressional debates, setting the stage for what could unfold in the financial landscape of the coming year.  In their conversation, the Nerds discuss: personal finance news, Federal Reserve, interest rates, mortgage rates, housing market, stock market, inflation, the US economy, holiday spending, Southwest Airlines, travel, unemployment, debt ceiling, Congress, banks, student loans, job market, inflation, government shutdown, strikes, gas prices, financial events, economic analysis, and the Dow Jones Industrial Average hitting a record high. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, December 18, 2023

Year-End Money Tasks to Thrive in 2024 and How to Choose a Budgeting App

Learn about practical money management tasks to set yourself up for success in 2024 and tips for choosing a budgeting app. 01:11 This Week in Your Money: Hosts Sean Pyles and Sara Rathner propose three money tasks to tackle this winter. The first is a task to do this week, the next is something to do over the course of a month, and the last is something you can do over the whole winter season. By completing these tasks, you may be able to put yourself in a better financial position going into the new year. They also share their personal strategies for setting budgeting boundaries and practicing radical acceptance with family members during the holiday season. 11:55 Today’s Money Question: NerdWallet writer Lauren Schwahn joins Sean and Sara to help answer a listener’s question about how to choose a new budgeting app, with many consumers in the market following the news that the Mint app is shutting down. They discuss different types of budgeting apps and how to understand your own needs to ensure that you choose an app that’s well-suited to your preferences. They also specifically discuss the NerdWallet, Copilot, and YNAB budgeting apps. In their conversation, the Nerds discuss: personal finances, money management, budgeting apps, financial success, planning for 2024, Copilot app, YNAB app, spending trackers, financial checkups, Mint closure, budgeting boundaries, financial success, new year, financial empowerment, winter money tasks, financial checkup, money goals, unused subscriptions, spending habits, comparing budgeting apps, features, costs, security, customer support, money management styles, budgeting for beginners, budget categories, financial institutions, and budgeting app user reviews. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, December 14, 2023

How Your Feedback Shapes Our Podcast: Listener Messages from 2023

In this episode of NerdWallet's Smart Money Podcast, hosts Sean Pyles and Sara Rathner share feedback and constructive criticism from listeners over the past year. They discuss topics such as the need for more representation minority groups in financial discussions, the importance of highlighting issues related to race and gender, the coverage of alternative healthcare in insurance plans, and the challenges of discussing controversial topics from a financial perspective. They also address listener comments about their personal experiences and perspectives on money management. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Like what you hear? Please leave us a review and tell a friend.

Mon, December 11, 2023

Using AI to Budget and Save and Debit vs. Credit Card Pros and Cons

Learn how to use AI for help with budgeting and saving money, then learn whether credit cards or debit cards are safer. 01:30 This Week in Your Money: NerdWallet banking writer Chanelle Bessette joins hosts Sean Pyles and Sara Rathner to discuss how AI can be used to help with budgeting and saving money. They explore how AI chatbots can assist in creating a budget and setting savings goals, why it’s important to double check chatbots’ math and consider seeking official financial advice for more risky decisions. They also talk about the benefits of incorporating AI into money management and DIY projects by providing cost estimates and step-by-step instructions.  12:47 Today’s Money Question: NerdWallet writer Melissa Lamberina joins Sean and Sara to help answer a listener’s question about whether it’s safer to use a debit card or a credit card. She breaks down the differences in protections for credit and debit cards, including built-in safeguards and liability limits. They also explore the benefits of using credit cards and share their personal approaches to using credit and debit cards for daily transactions. In their conversation, the Nerds discuss: AI chatbots, personal finance, budgeting help, savings, banking, money management, DIY projects, credit cards, debit cards, fraud protection, tracking expenses, financial strategies, daily transactions, artificial intelligence, credit card rewards, Electronic Funds Transfer Act, Fair Credit Billing Act, and liabilities for fraudulent charges. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, December 07, 2023

Financial Success Stories: Learn from Listener Wins in 2023

In this episode of the Smart Money podcast, hosts Sean Pyles and Sara Rathner share the best money moves made by their listeners in 2023. Some of the wins include listeners who moved their Roth IRA account away from a pricey financial advisor, one who paid off their student loans and started a business, and another who successfully managed their money with ADHD.  In their conversation, the Nerds discuss: Roth IRAs, credit scores, student loans, estate planning, home buying, credit cards, financial advisors, high-yield savings accounts, paying off cars, money market accounts, 401ks, and HSAs. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, December 06, 2023

Money News: Ticketmaster Trouble, Alaska Airlines Merger, GDP Updates and More

Learn how the Department of Justice is tackling the ticketing industry — and what it could mean for buyers and sellers. Before focusing on Congress’ latest ticketing industry crackdown, hosts Sean Pyles and Anna Helhoski discuss the IRS' delayed online seller rule, a revision to Q3 GDP figures, a new survey on money and happiness, the merger between Alaska Airlines and Hawaiian Airlines, and self-serve airplane snacks. Get ready for an episode that dissects the struggle for fair ticket prices and the potential consequences of a ticketing market in need of change. Then, Sean and Anna explore the chaotic world of concert ticketing, focusing on an investigation by Congress and the Justice Department into Live Nation Entertainment. They unpack the sky-high prices and dive into class-action lawsuits that Swifties and other concertgoers have leveled in recent years before explaining what could happen next. In their conversation, the Nerds discuss: personal finance, news roundup, form 1099-K, ticketing industry investigation, Congress, the Justice Department, Ticketmaster, Live Nation Entertainment, high prices, lawsuits, IRS, digital payment processors, Q3 GDP, money and happiness survey, airline mergers, self-serve snacks, finance news, Congress investigation, event ticketing, fees, Biden Administration, and transparency of fees for event ticketing. If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app   To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, December 04, 2023

Avoiding Financial Scams and Changing Your Money Mindset

Protect yourself from sophisticated holiday shopping scams and explore the psychology behind changing your money mindset. 01:07 This Week in Your Money: Hosts Sean Pyles and Sara Rathner discuss tactics for avoiding three common money scams, including social media ad scams, charity scams, and gift card scams. 10:08 Today’s Money Question: Sean and Sara answer a listener’s question about how to change your money mindset. They discuss methods you can use to understand your current attitudes and behaviors towards money, the emotional connection to money and the stories we tell ourselves about our finances. They explain how past experiences and family dynamics can shape your money mindset, and offer tips for identifying and potentially changing harmful money habits. They also provide three clear steps for shifting your money mindset. In their conversation, the Nerds discuss: holiday shopping scams, social media ad scams, charity scams, gift card scams, safe payment methods, financial attitudes, wealth, personal finances, money habits, financial self-awareness, money management, mindset shifting, impulse buys, financial goals, online shopping, fraud protection, financial challenges, financial empowerment, money mindset, financial management, saving habits, spending habits, financial growth, budgeting, impulse purchases, reverse budgeting, money mindset transformation, holiday fraud, and personal finance psychology. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, November 30, 2023

Using Your Financial Anxiety to Make Better Decisions

Welcome to NerdWallet’s Smart Money podcast, where we answer real-world money questions. In this episode:  Nerds Sean Pyles and Kimberly Palmer speak with Farnoosh Torabi, author of the new book, “A Healthy State of Panic.” She explains how we can use our fears as a superpower to make better decisions when it comes to finances, career and life. Torabi is a personal finance expert and host of the “So Money” podcast.  In their discussion, Torabi shares how her upbringing as the daughter of immigrants taught her to be fearful of certain things, but that as an adult, she realized that embracing her natural fear of negative outcomes actually helps her to make better choices. During the pandemic, she decided to take the risk of buying a new home, even though she was scared of taking such a big leap. In retrospect, she says, it was one of the best decisions she and her family could have made. Torabi also shares her advice on how to overcome paralyzing fear. Sometimes, she says, it’s a good idea to actually think through every terrible outcome that could occur, so you can realize that those results are unlikely to become reality. And in some cases, she adds, fear stops you from making truly bad choices. And while confronting such heavy topics, Torabi always maintains her trademark humor, bringing levity to difficult conversations.  Check out this episode on your favorite podcast platform, including: Apple Podcasts Spotify NerdWallet stories related to this episode: A Scarcity Mindset Can Cost You Mentally and Financially  Money Envy Harms Mental Health Emergency Fund Calculator: How Much Will Protect You? Have a money question? Text or call us at 901-730-6373. Or you can email us at podcast@nerdwallet.com . To hear previous episodes, go to the podcast homepage.

Mon, November 27, 2023

Is Your Personal Finance Indecision Costing You? Plus, How to Shop for a New Bank

Uncover the true cost of making financial decisions (and financial indecision) and get tips for shopping for a new bank. 01:19 This Week in Your Money: Explore the concept of financial opportunity cost and the trade-offs we make with our money with hosts Sean Pyles and Sara Rathner. They discuss the risks associated with sticking with the status quo, the importance of periodically reassessing your financial decisions, the potential pitfalls of always relying on automatic payments, and the benefits of switching banks and taking advantage of sign-up bonuses. 10:05 Today’s Money Question: Andee, a 69-year-old listener, joins Sean and Sara to discuss the challenges associated with finding the right bank for her financial needs. They talk about how to navigate the process of researching and switching banks for easier management and better interest rates. They discuss the sometimes misleading allure of signup bonuses, tips on how to compare banks, and options for managing savings and expenses through high-yield savings accounts. They also explain how you can use these accounts for both short-term and long-term goals, such as paying for recurring costs like mortgages and daycare, as well as saving for home renovations.  27:17 Wrap-up. In their conversation, the Nerds discuss: financial choices, changing banks, high-yield savings accounts, financial decisions, bank bonuses, financial trade-offs, managing personal finances, automatic payments, long-term financial goals, online banking, keeping multiple savings accounts, financial advisors, opportunity costs, financial trade-offs, maintaining the status quo, financial brand loyalty, interest rates, navigating customer reviews, banking customer service, checking accounts, savings accounts, sign up bonuses, and strategic financial planning. If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app   To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, November 22, 2023

Money News: Where to Save Money on Falling Prices from Deflation

Learn which prices are slowing down—or even dropping—as a result of deflation, including your Thanksgiving feast. Before focusing on price deflation, hosts Sean Pyles and Anna Helhoski explore recent financial updates, including the rising income among first-time homebuyers, the United Autoworkers Union (UAW) ratifying new contracts with the Big Three automakers, and Black Friday and Cyber Monday sales trends. Then, Sean and Anna explain what’s happening behind recent price deflation. They highlight significant price drops across various goods and services, including eggs, smartphones, health insurance, gas, and Thanksgiving dinner essentials. They also break down the significance of these price reductions amid ongoing inflationary pressures, potentially offering a glimpse of relief for consumers in specific sectors. In their conversation, the Nerds discuss: homebuyer demographics, rising incomes, housing market shifts, UAW contracts, Black Friday sales, Cyber Monday sales, philanthropic gestures, deflation insights, price drop analysis, consumer trends, Thanksgiving food prices, holiday deals, charitable legacies, inflation impact, and deflation. If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app   To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, November 20, 2023

Money and Happiness: What's Happiness Really Worth?

Do you really need money to be happy? Or is money the reason you’re unhappy? Either way, chances are your relationship to money and happiness is a little, well, messy.  To kick off this Nerdy deep dive into money and happiness, Sean talks with happiness experts Gretchen Rubin and Robert Puff to understand what happiness really means. Then Sean talks with Morgan Housel, author of “The Psychology of Money,” about where money and happiness intersect. If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app   To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, November 16, 2023

Your Guide to Budgeting, Credit and Debt Management Strategies

Learn tactics to make and manage a budget, understand credit scores, and manage debt to improve your financial health. 02:02 Budgeting Basics:  Personal Finance Nerd Elizabeth Ayoola discusses how you can create and stick to a budget. She explains how to use the 50-30-20 method to allocate your income, gives tips on how to adjust your budget to fit your needs, and methods for budgeting and stretching your paycheck when it arrives at different intervals, like monthly or biweekly.  13:35 Credit Scores and Credit Reports: NerdWallet writer Lauren Schwahn breaks down the basics of credit scores and credit reports. She explains how to get negative or incorrect information off of your credit report, how to get a higher credit limit, and how different sources of debt can affect your credit. She also discusses the differences between good debt and bad debt. 25:59 How to Manage Debt: Elizabeth shares strategies you can use to manage debt in order to improve your financial health. She covers debt to income ratios, snowball and avalanche methods of debt repayment, debt consolidation, how to allocate extra income from side hustles, and the legal process of bankruptcy.  If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app   In their conversation, the Nerds discuss: personal finance tips, budgeting, managing debt, credit scores, financial goals, 50-30-20 method, expense tracking, credit reports, debt-to-income ratios, snowball method, avalanche method, debt consolidation, financial health, paying bills, budgeting strategies, income tracking, variable income, saving, debt repayment, bankruptcy, debt settlement, side hustles, financial discipline, credit utilization, emergency funds, and financial planning. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, November 15, 2023

Money News: Latest Stock Market News, New IRS Tax Brackets, Tipping Trends

Delve into recent stock market developments. Plus, tax bracket adjustments. Before taking an in-depth look at what’s going on in the stock and bond markets, hosts Sean Pyles and Anna Helhoski delve into the recent developments in personal finance news. They start by breaking down the latest inflation numbers. Then, they discuss the concerning increase in credit card delinquencies, shedding light on rising balances and the generational shift in credit card usage before offering smart tips on managing credit balances in a high-interest rate environment. They then turn their attention to the latest IRS tax bracket adjustments and break down the implications for taxpayers. Investing Nerd Sam Taube then joins Sean and Anna to talk about recent stock market developments, unraveling the connection between rising Treasury yields, bond market shifts, and their impact on stock prices. They discuss potential implications for investors, diversification strategies for the current financial climate, and key economic events to watch for in November. If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app   In their conversation, the Nerds discuss: personal finance, market swings, inflation, credit card delinquencies, inflation-adjusted tax brackets for tax year 2024, stock markets, Pew Research Center survey on tipping, investing, economic events, treasury yields, interest rates, portfolio diversification, market fluctuations, consumer price index, Federal Reserve, borrowing costs, Dow Jones, the S&P 500, active trading, and inflation data. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, November 13, 2023

Plan Your Black Friday Shopping Strategy and Should You Wait to Buy a Home?

Craft your holiday shopping plan with Black Friday insights, then understand options for buying a home in today’s market. 01:24 This Week in Your Money: Unlock the secrets of savvy shopping by learning about the biggest sales events of the year. Hosts Sean Pyles and Sara Rathner discuss the holiday shopping season with Personal Finance Nerd Tommy Tindall, who talks about the value of shopping on Black Friday versus other annual sales events like Cyber Monday, the best days of the season to find deals in certain categories like big ticket electronics and winter clothing, and helpful tips for how to budget for your holiday shopping list.  12:55 Today’s Money Question: Home and Mortgage Nerd Kate Wood joins Sean and Sara to answer a listener’s question about whether to purchase a home now or wait and see if interest rates go down. They discuss the current state of interest rates, the refinancing process, interest rate buy downs, adjustable rate mortgages, and how state and local programs can help first-time homebuyers. They also explore different types of homes such as condos or townhouses on their way to helping first-time buyers understand their options for making homeownership an affordable dream. If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app   In their conversation, the Nerds discuss: Black Friday shopping tips, sales events, Cyber Monday, housing market, housing affordability crisis, 30-year mortgages, homeownership, adjustable rate mortgages, refinancing, home affordability calculator, housing affordability solutions, first-time home buyers, credit card debt, holiday shopping, home ownership, interest rates, real estate, and buy now, pay later loans. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, November 09, 2023

Maximizing Your Benefits: A Guide to Employer-Provided Perks

Understand employer-provided benefits, from dental and vision coverage to more unique perks like legal assistance. In the third and final episode of our special series on open enrollment, hosts Sean Pyles and Liz Weston discuss the various benefits that employers offer during open enrollment season aside from health insurance. Liz speaks with Amber Clayton (Society for Human Resource Management) about dental and vision coverage, long-term care insurance, pet insurance, legal assistance, adoption assistance, gym memberships, mental health benefits, and more.  They offer tips for preparing for open enrollment, provide statistics on how common it is for certain benefits to be offered, and give an important reminder of upcoming enrollment deadlines for health insurance through the Affordable Care Act, Medicare, federal employee plans and private employer plans. In their conversation, the Nerds discuss: employer-provided benefits, benefits packages, Society for Human Resource Management (SHRM), open enrollment season, dental coverage, vision coverage, ACA Marketplace, healthcare.gov, supplemental coverage, long-term care options, gym memberships, mental health benefits, employee benefits, pet insurance, in-network providers, health insurance, dental and vision insurance, financial planning, legal assistance, employee assistance programs, financial wellness, tuition assistance, adoption assistance, student loan reimbursements, 529 plan payroll deductions, company swag, free snacks, matching charitable contributions, and employee retention and recruitment. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, November 08, 2023

Money News: Lawsuit Could Change How Houses are Sold; Also, a $23.5K Payout … in Coins

Learn how recent headlines could impact your finances, including a federal real estate ruling and new employment figures. Hosts Sean Pyles and Anna Helhoski start by dissecting the latest monthly jobs report and its potential impact on the Federal Reserve's interest rate policies, then explain how a recent federal jury's decision on real estate agent commissions could reshape the way homes are bought and sold in the United States. They then turn their attention to former cryptocurrency billionaire Sam Bankman-Fried's conviction on various counts of criminal fraud.  With the announcement that popular budgeting app Mint will be retiring, the Nerds offer tips on how to transition to alternative budgeting tools. They also discuss open enrollment season for health insurance and other benefits, emphasizing the importance of making informed choices about insurance coverage. To wrap up the episode, Sean and Anna share an unusual legal story involving a subcontractor, a welding company, and a large stash of coins. Find out why cash isn't always king and why it may not pay to be difficult to work with in your financial dealings. If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app   In their conversation, the Nerds discuss: job reports, a realtor price-fixing ruling, crypto convictions, coin payment, personal finance, money news, labor market, Federal Reserve, real estate commissions, the National Association of Realtors (NAR) lawsuit, Sam Bankman-Fried, FTX, Mint, budgeting apps, healthcare open enrollment, health insurance benefits,, financial news, federal jury, antitrust case, cryptocurrency, wire fraud, securities fraud, money laundering, and paying with coins. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, November 06, 2023

2 Ways to Improve Your Credit Score, Budgeting Tips, and Investing 403b and 529 Plans

Learn about two quick credit tips, 403b and 529 plans, delinquencies on old loans, and budgeting when you only get paid once a month. 01:11 This Week in Your Money: Hosts Sean Pyles and Sara Rathner provide two quick tips for improving credit scores. The first tip involves credit utilization, which is the amount of available credit that you're using. They also discuss the option of asking for an increased credit card limit. For their second tip, they discuss the benefits and risks of becoming an authorized user on a friend or family’s credit card. To wrap up their discussion, they advise on the benefits of checking your credit report for accuracy and why it may not be necessary to worry about your exact credit score if it’s already above 720. 11:11 Money Question Lightning Round: NerdWallet’s Liz Weston joins Sean to answer several listener questions. They discuss 529 plans and how they may impact eligibility for financial aid, whether a delinquency on an old loan will still show up on a credit report after the loan has been refinanced, tax-advantaged vehicles for retirement savings when a 401k plan is unavailable (like a thrift savings plan), how to manage money when you only get paid once a month, and how to decide whether a 403b retirement plan is worth using as opposed to alternative retirement plans. In their conversation, the Nerds discuss: credit scores, financial future, credit utilization, strategic payments, higher credit limits, authorized users, credit reports, 529 savings plans, need-based financial aid, college savings strategies, private student loans, refinancing, budgeting, retirement planning, spending tracking, budgeting software, automated transfers, Thrift Savings Plan (TSP), 401k and 403b retirement plans, retirement options, credit tips, credit card limit, credit bureaus, collections account, credit report error, budgeting tips, the savings bucket strategy, and lifestyle inflation. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend. If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app  

Thu, November 02, 2023

Choosing the Right Insurance Policy to Protect Your Income: Life Insurance, Disability Insurance, and More

Explore coverage options to protect your income in worst-case scenarios, such as life insurance and disability insurance. Hosts Sean Pyles and Liz Weston discuss the importance of insurance coverage, highlighting statistics around how many people are underinsured or lack adequate coverage. To dive deeper into different types of coverage, Liz welcomes Insurance Nerd Ryan Brady and John Ryan, founder and CEO of Ryan Insurance Strategy Consultants, to explain various types of insurance. In this episode, they talk about life insurance, accidental death and dismemberment insurance (AD&D) insurance, and disability insurance, and explore the nuances of employer-provided life insurance and supplemental insurance. Plus: the complexities of disability insurance, comparing short-term and long-term coverage, and the interplay between employer-provided disability insurance, individual disability insurance, workers' compensation, and Social Security.  In their conversation, the Nerds discuss: life insurance, disability insurance, workplace benefits, financial needs, income protection, supplemental insurance, accidental death and dismemberment insurance (AD&D), disability coverage, short-term disability, long-term disability, employer-provided disability insurance, choosing an insurance policy, workers' compensation, Social Security, insurance complexities, income safeguards, accidental death insurance, dismemberment insurance, critical illness insurance, hospital indemnity coverage, and pre-existing conditions clauses. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend. If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app  

Wed, November 01, 2023

Money News: Should You Rent or Buy Amid Rising Interest Rates?

Understand the costs of renting versus buying a home. Plus: the UAW strike, GDP growth, debit card fees, and AI policy. Before discussing housing affordability, hosts Sean Pyles and Anna Helhoski review noteworthy financial headlines, including an update on the UAW strike against major US automakers, the latest Commerce Department numbers on GDP growth, debit card merchant fees, and the White House’s wide-ranging executive order pertaining to artificial intelligence. Then, Sean and Anna welcome Jeff Tucker, a senior economist at the real estate website Zillow, to discuss the impact that rising interest rates could have on your decision to rent or buy a home. Jeff provides historical context, explains the factors contributing to the gap between renting and buying costs, and touches on the challenges faced by first-time homebuyers. The discussion also explores the impact of housing inventory on the market, including whether homes are pulled off the market or remain unsold for extended periods. In their conversation, the Nerds discuss: United Auto Workers (UAW) strike, GDP growth, debit card fees, AI Executive Order, housing affordability, renting vs. buying, personal finance, financial news, interest rates, inflation, mortgage rates, the economy, housing market, rental costs, down payments, homebuyers, housing inventory, AI technology, tech regulations, consumer spending, interest rate hikes, bank fees, and home ownership. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Sat, October 28, 2023

Options for Paying Off Credit Card Debt: Hardship Programs, Balance Transfer Cards, Loans and More

Hear Nerds’ “financial horror stories” and explore solutions for paying credit card debt, from 401k loans to bankruptcy. 01:20 This Week in Your Money: Hosts Sean Pyles and Sara Rathner share their personal “financial horror” stories, including Sean’s rejected credit card application and what happened to some of Sara’s retirement account funds. They’re cautionary tales that will help you make sure you’re getting the most out of your money. 09:46 Today’s Money Question: Sean welcomes Nerd Liz Weston and Tommy Tindall to help answer a question about whether a listener should consider taking out a 401k loan to pay off credit card debt. Tommy explains how calculating your debt-to-income ratio can help you understand your options. He also shares the pros and cons of various methods for paying off credit card debt, including credit card hardship programs, balance transfer cards, personal loans and filing for bankruptcy. He also shares his personal experience of taking out a $15,000 loan from his 401k to make a down payment on a house, breaking down both the benefits and opportunity costs associated with the decision.  28:05 Final Thoughts. In their conversation, the Nerds discuss: financial horror stories, credit card debt, debt-to-income ratio, investment journeys, 401k loans, debt-to-income ratio (DTI), credit card hardship programs, balance transfer cards, personal loans, missed payments, bankruptcy, high credit scores, retirement money, debt solutions, paying off debt, financial tools, compound returns, cashflow challenges, opportunity costs, credit counseling agencies, and debt management plans. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend. If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app  

Thu, October 26, 2023

Choosing a Healthcare Plan via Open Enrollment (HMO, PPO, FSA, HSA, HDHP and More)

Expert Nerds talk through the complexities of open enrollment, starting with ways to assess healthcare plans and costs. This episode takes a deep dive into specific terminology and scenarios relevant to choosing health insurance coverage. Hosts Sean Pyles and Liz Weston start with an overview of open enrollment period timelines for November and December 2023 before welcoming guest Nerd Kate Ashford to explain deductibles, premiums, HMOs, PPOs and HDHPs.  Then, NerdWallet’s Tina Orem joins the show to discuss the pros and cons of high deductible plans and the intricacies of Health Savings Accounts (HSAs) and both Medical and Dependent Care Flexible Spending Accounts (FSAs). In the second half of this episode, she zeroes in on selecting optimal health insurance for individual needs, discussing the merits and disadvantages of different health plans, budgeting for healthcare, and how to compare the benefits of an FSA and an HSA. In their conversation, the Nerds discuss: open enrollment, health insurance options, healthcare choices, high deductible plans, premiums, health savings accounts (HSAs), flexible spending accounts (FSAs), optimal health insurance, HMOs, PPOs, HDHPs, health insurance budgeting, FSA vs HSA, the use it or lose it rule, health insurance decision-making, health insurance terminology, healthcare strategies, health plan selection, medical costs, and types of health insurance coverage. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend. If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app  

Wed, October 25, 2023

Money News: Save Money on Commuting Costs in a Changing Economy

Learn practical financial tips to save on rising commuting costs as workers increasingly return to the office. Before discussing the rising costs of commuting, hosts Sean Pyles and Anna Helhoski review noteworthy financial headlines, including the Federal Reserve's influence on interest rates, the latest Commerce Department report on retail sales, the Mercer CFA Institute’s Global Pension Index ranking of 47 different kinds of retirement systems from around the world, and the IRS's pilot program for free tax preparation software called Direct File. Then, Sean and Anna welcome NerdWallet’s Liz Renter to take a deep dive into the escalating costs of commuting to work. The Nerds explore the demographics of commuters, factors driving car ownership costs, the fluctuation in gas prices and the international events affecting fuel costs, and the used car market. They also discuss whether consumers can expect relief in the near future and share practical strategies for keeping costs down. In their conversation, the Nerds discuss: personal finance, money news, commuting, car ownership, money headlines, the Federal Reserve, interest rates, retirement systems, the IRS, tax preparation software, commuting costs, auto insurance, gas prices, used car prices, economic trends, carpooling, savings, consumer spending, government debt, wealth, retirement savings, and fuel costs. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, October 23, 2023

Money Saving Tips On Car & Home Insurance, plus Budgeting for Conventions and Hobbies @ Comic Con

Get budgeting tips for conventions and hobbies straight from New York Comic Con, then learn about money saving strategies for car and home insurance. 01:20 This Week in Your Money: Having just returned from New York Comic Con, host Sean Pyles discusses what he learned about budgeting for conventions, hobbies and cosplay outfits. He also shares an interview with Kayden Phoenix, a Los Angeles-based comic book writer known for her Latina superheroes. Kayden shares her experiences attending Comic Con and other conventions, including the costs associated with attending such events and how she has managed to minimize expenses for her business. Following their interview, Sean highlights the strong sense of community and shares his overall impressions of the event. 13:17 Today’s Money Question: Insurance Nerd Ryan Brady joins Sean to help answer a listener’s question about car and home insurance, breaking down important elements to consider, what different coverages mean and how to save money. He first explains the different types of car insurance, including liability insurance, comprehensive and collision insurance, and uninsured and underinsured motorist coverage. He and Sean also discuss how to save money on car insurance by shopping around, asking about discounts, and raising deductibles. Ryan then moves on to home insurance and explains the different types of coverage, including dwelling coverage, personal property insurance, personal liability coverage, and loss of use coverage. He discusses the importance of insuring your home and the risks of not having insurance or being underinsured. The Nerds also provide tips for shopping for home insurance, such as comparing quotes and considering the coverage limits.  In their conversation, the Nerds discuss: car insurance, home insurance, New York Comic Con, Kayden Phoenix, Latina superheroes, cosplay culture, dwelling coverage, personal property insurance, loss of use coverage, climate-related risks, insurance literacy, car insurance types, liability insurance, collision insurance, comprehensive coverage, uninsured motorist coverage, underinsured motorist coverage, insurance deductibles, cheap car insurance, insurance agents, insurance brokers, insurance discounts, raising insurance deductibles, being overinsured or underinsured, traffic accidents, and insurance claims. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend. If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app  

Thu, October 19, 2023

HIV Prevention and Gender-Affirming Care: Costs, Solutions and Legalities of LGBTQ+ Health Care

Understand the financial and legal challenges in LGBTQ+ health care, including HIV treatment and gender-affirming surgery. NerdWallet’s Sean Pyles and Sam Taube delve into the intricate financial and legal issues faced by the LGBTQ+ community regarding their health care. They start by exploring the struggle to prevent and treat HIV, focusing on the effectiveness and financial burden related to pre-exposure prophylaxis (PrEP) and highly effective antiretroviral treatment (HEART). Sam speaks with Tim Horn, a director of the public health systems team at the National Alliance of State and Territorial AIDS Directors, or NASTAD, about these drugs and available resources for those dealing with these expenses. The discussion isn't just about costs, but also shines a light on the barriers and shares resources. Sam then discusses the high cost of gender-affirming care for transgender individuals. He speaks with Andrea Romero, a licensed financial advisor based in New Orleans, about how costs can start accumulating even before hormone therapy or surgery, including expenses related to therapy sessions, hair removal, binders or gaffs, and wardrobe changes. She also addresses the high costs of gender-affirming surgery, health insurance coverage, and resources and financial strategies that can help people manage these costs. In their conversation, the Nerds discuss: LGBTQ+ health care costs, financial challenges, legal struggles, gender-affirming surgery, HIV prevention, treatment of HIV, pre-exposure prophylaxis drug assistance programs (PrEP DAPs), highly effective antiretroviral therapy (HEART), insurance coverage, patient assistance programs, copay assistance programs, state government programs, cost of transitioning, aesthetic treatments, hair removal, costs associated with gender-affirming care, trans health care costs, insurance coverage, and financial strategies. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, October 18, 2023

Money News: Cracking Down on Junk Fees: Bidenomics in Action

Mon, October 16, 2023

Retirement Planning Guide: Estate Planning, Social Security, Long-Term Care and Medicare Explained

Learn how to plan for the golden years with a deep dive into long-term care, Social Security, Medicare and estate planning. 3:23 Long-Term Care Insurance: Kate Ashford, a certified senior advisor specializing in Medicare and retirement topics, discusses the intricacies of long-term care insurance, including exactly what Medicare covers in terms of long-term care costs. Kate also discusses alternative options to long-term care insurance such as hybrid policies that combine permanent life insurance with a long-term care rider. 8:30 Social Security: Liz Weston, a certified financial planner and senior writer on the core personal finance team, offers insights into the misconceptions and complexities surrounding Social Security. Liz discusses the big benefits of delaying Social Security claims to maximize benefits, addresses the idea of Social Security going bankrupt, and explains the difference between the decision to stop working and the decision to apply for Social Security. Liz also breaks down what happens to Social Security benefits when one member of a married couple dies. 15:47 Medicare: Alex Rosenberg, a lead writer specializing in Medicare and information technology, provides a comprehensive understanding of Medicare, a federal health insurance program primarily for individuals aged 65 and over. Alex explains the different parts of Medicare, including Part A (hospital insurance), Part B (outpatient care), and Part D (prescription drugs), and their associated costs and coverage. Alex also discusses the pros and cons of the two ways of getting Medicare coverage and stresses the importance of knowing when to sign up, choosing the appropriate coverage, preparing for premiums, and planning for non-covered healthcare needs. 24:02 Estate Planning: Dalia Ramirez, a lead writer specializing in estate planning, explores the critical aspects of end-of-life planning and estate management. Dalia talks about the necessary tools for estate planning, such as wills, trusts, beneficiary designated accounts, and property deeds, and delves into the significance of healthcare and medical pre-planning, which includes power of attorney designation and living wills. Dalia also discusses the importance of having a plan in place for emergency scenarios and the roles you might serve for a loved one, such as being a power of attorney for medical decisions or a beneficiary of their property.  33:26 Q&A: The Nerds wrap up by explaining whether it’s possible to qualify for both Medicaid and Medicare, broad guidelines for coordinating the many responsibilities siblings may share when it comes to taking care of aging parents, and how often a will should be revisited after it’s created. In their conversation, the Nerds discuss: end-of-life planning, the 30/60 talk, the 40/70 talk, long-term care insurance, Social Security benefits, Medicare Advantage, M

Thu, October 12, 2023

Your Guide to Reproductive Health Care Costs, Options and Economic Implications

Understand recent and upcoming changes in costs and access to reproductive care, as well as resources to manage them. This episode delves into the complex and ever-changing landscape of reproductive care costs. Hosts Sean Pyles and Sam Taube discuss the financial implications of recent high-profile court cases, including the overturning of Roe v. Wade and the Burwell v. Hobby Lobby decision, which significantly transformed insurance coverage for birth control. Sean and Sam break down the before-insurance costs of contraceptives and explain how a new over-the-counter birth control pill, Opill, could help make birth control more accessible.  Sam also speaks with Daily Garcia, a director at the Planned Parenthood Federation of America, about the costs and barriers associated with reproductive health care, particularly birth control and abortion. She explains how birth control and abortion costs can vary significantly based on type, insurance coverage, and individual circumstances. She also addresses the impact of state restrictions and resources available to help people overcome them. In their conversation, the Nerds discuss: costs of reproductive care, the overturning of Roe v. Wade, Burwell v. Hobby Lobby, Dobbs v. Jackson Women's Health Health Organization, access to birth control, contraceptives, over-the-counter birth control pills, the Opill, abortion costs, travel costs for abortion, insurance coverage, health insurance, the National Network of Abortion, the National Abortion Hotline, health care accessibility, systemic discrimination, neglected communities, patient navigators, court cases, bodily autonomy, health care legislation, mifepristone, misoprostol, and Planned Parenthood resources. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, October 11, 2023

Money News: CFPB Removes Medical Debt from Credit Reports

Learn how removing medical debt from credit reports will protect consumers. Plus: rising interest rates and falling stock prices. Before discussing news from the Consumer Financial Protection Bureau (CFPB) that could reshape the way medical debt impacts your credit score, hosts Sean Pyles and Anna Helhoski discuss the latest news around student loan forgiveness, rising auto and mortgage rates, and recent losses in the stock market. They then turn their attention to the benefits of omitting medical debts and collection information from credit reports. In their conversation, the Nerds discuss: medical debt, credit reports, consumer protection, Medicaid disenrollment, Consumer Financial Protection Bureau (CFPB), healthcare costs, collection agencies, mortgage interest rates, stock prices, student loans, debt forgiveness, loan relief, income-driven repayment (IDR), car payments, 401k balances, Dow Jones Industrials, S&P 500, credit reporting agencies, and Medicaid coverage. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, October 09, 2023

If You’re Traveling for the Holidays, Start Planning Now

Learn why it’s a good time to check your credit card interest rates, and why to start planning your holiday travel now. 01:03 This Week in Your Money: NerdWallet’s Rosalie Murphy joins host Sean Pyles to discuss rising credit card interest rates and how they can impact debt repayment. They offer tips on adapting to higher interest rates and how you may be able to negotiate a lower rate or payment plan with your credit card issuer if you're struggling to make repayments. They also discuss balance transfer credit cards that offer 0% APR intro periods and non-profit credit counseling organizations that could help you create a personalized debt payoff plan. 06:35 Today’s Money Question: Travel Nerds Elina Geller and Sally French join Sean to explain why now is a good time to start planning for this year’s holiday travel season. They discuss the best time to book flights, the least and most busy travel dates around Thanksgiving, and restrictions on basic economy seats that could prevent you from reaching your destination if anything goes wrong with your flight. They also dive into travel insurance, Apple AirTags, and deals that allow credit card holders to use points for airport perks beyond ticket costs. The Nerds also weigh the pros and cons of booking flights on short notice, and discuss what you may want to consider when deciding whether to drive instead of fly. In their conversation, the Nerds discuss: rising credit card interest rates, annual percentage rates (APR), holiday travel, credit card management, travel tips, budget travel, last-minute booking, travel planning, elite status qualifying trips, travel insurance, Apple AirTags, luggage tracking, debt repayment, credit card reward points and miles, managing debt, and the busiest Thanksgiving travel dates. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, October 05, 2023

Behind the Rising Health Care Costs of Bodily Autonomy

Understand how legal restrictions and policies are increasing health care costs, especially for marginalized communities. This episode explores rising health care prices at the intersection of law, policy and personal health decisions. Investing Nerd Sam Taube interviews Vina Smith-Ramakrishnan, a senior policy associate on the health care equity and reform team at the Century Foundation, about the systemic barriers to accessing health care faced by the LGBTQ+ community, people of color, and low-income individuals. Sam also talks with Jose Abrigo, the director of the HIV project at Lambda Legal, about recent court cases. They highlight the legal battles over issues like abortion, birth control and gender-affirming health care that affect insurance coverage and overall health care spending. The conversation offers an in-depth analysis of the financial hardships associated with health care and their long-term effects on marginalized communities. The hosts also discuss out-of-pocket costs for reproductive care and how these costs significantly burden these communities. In this conversation, you’ll learn about: health care restrictions, marginalized communities, law and policy, the Century Foundation, health care equity, systemic barriers, LGBTQ+ health care, low-income individuals, financial hardships, health care services, reproductive care, out-of-pocket costs, abortion laws, birth control, gender-affirming health care, insurance coverage, health care spending, bodily autonomy, financial security, maternal health access, health care equity and reform, health care disparity, abortion bans, reproductive rights, health care reform, health care access and health care inequality. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, October 04, 2023

Money News: What to Know About Student Loan Repayments, Gas Prices, SkyMiles and Other Financial News Stories

Learn about federal student loan payments resuming, alongside an analysis of this week’s biggest financial stories. Before discussing this week’s resumption of federal student loan payments after a three-and-a-half-year pause due to the pandemic, hosts Sean Pyles and Anna Helhoski break down this week’s most relevant financial headlines. The discuss the recently averted government shutdown, the impact of crude oil costs on gas prices, an update on Delta’s SkyMiles program, and a new Pew Research Center survey looking at the share of women in top leadership positions at US companies. Turning their attention to student loan payments, Sean and Anna guide listeners on ways to prepare for this financial milestone, emphasizing the importance of staying informed, making payments if possible, and exploring income-driven repayment plans like the new "Saving on a Valuable Education" (SAVE) plan. In their conversation, the Nerds discuss: financial headlines, federal student payments, income-driven repayment (IDR) plans, Saving on a Valuable Education (SAVE), averting a government shutdown, oil prices, Delta Airlines’ SkyMiles frequent flyer program, a new Pew Research Center survey on women in leadership, business leaders, loan servicers, the Fresh Start program, interest accrual, and personal finance. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, October 02, 2023

Understand Your Options for Buying and Selling Cars

Understand how to avoid “dark patterns” companies use to trick you, then learn different financial approaches for buying a car. 01:11 This Week in Your Money: Dark patterns are manipulative tactics used by companies to influence customer decisions, often to the consumer’s detriment. To start the show, hosts Sean Pyles and Liz Weston explain how you can spot dark patterns, which are not exclusive to sketchy websites. Sean and Liz also discuss confirmshaming, a tactic companies use that could make it difficult for you to cancel paid subscriptions. 12:12 Today’s Money Question: A 19-year-old listener named Belenus joins Sean and Liz to get help thinking through how to navigate the financial predicament of needing to pay for both a new car and tuition for college. Despite having $20,000 in savings, Belenus is cautious about going into debt. Sean and Liz talk to him about the advantages and disadvantages of leasing versus buying a car and offer some tips for how to prepare before going into a dealership to make a car purchase. They also discuss the differences between student loans and auto loans. In their conversation, the Nerds discuss: car buying and selling, the auto industry, dark patterns, FTC crackdowns, private mortgage insurance, auto loans, federal student loans, budgeting, car payments, student loan debt, roadside car buying, vehicle history reports, car appraisals, and depreciating assets. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, September 27, 2023

Money News: Why The Fed Paused Interest Rates, The CFPB, and “Dumb Money”

Learn why the Fed paused interest rates. Plus: the Supreme Court's CFPB hearing, NFT prices, and a new GameStop movie. Join hosts Sean Pyles and Anna Helhoski as they break down the latest headlines in the world of personal finance. They explain the Supreme Court's upcoming hearing on the constitutionality of the Consumer Financial Protection Bureau's funding structure, the risks of investing in "dumb money" like the Powerball lottery and NFTs, and the new movie "Dumb Money," which tells the story of the GameStop stock-buying phenomenon. They then have an in-depth discussion about the impact of the Federal Reserve's interest rate decisions on the financial lives of Americans. They explain how interest rates work and how they can impact the economy and individual financial lives. They also offer some tips for Americans who are concerned about the impact of rising interest rates. In their conversation, the Nerds discuss: the Supreme Court, the Consumer Financial Protection Bureau (CFPB), the lottery, NFTs, Dumb Money, GameStop, meme stocks, the Federal Reserve, interest rates, the US economy, credit card interest, inflation, and personal finance news. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, September 25, 2023

How to Approach Wedding Costs and Gift-Giving Budgets

Learn methods for planning a wedding that makes sense for your budget, then hear how the Nerds think about gift-giving etiquette. 01:12 This Week in Your Money: Get an inside look at the latest trends in wedding planning, as Zola.com Director of Communications Emily Forrest joins host Sean Pyles to discuss findings from a recent survey of more than 2,000 American adults. They discuss the financial challenges many engaged couples face during the wedding planning process, ways to prevent money matters from being overlooked in pre-wedding conversations, and tips for initiating these critical financial conversations. The discussion then moves on to the wedding budget, with Emily offering her expertise on using a budget calculator to estimate expenditure and strategies for cost-cutting without compromising the wedding experience. Emily also addresses the reality of a “wedding tax” and how to think about the costs for your special occasion. 18:22 Today’s Money Question: NerdWallet’s Liz Weston and Kimberly Palmer join Sean to discuss how to navigate the pressures of gift-giving, managing expectations for birthday party guests, and the art of selecting the perfect present that strikes a balance between thoughtfulness and price. They explore the complexities of gift-giving culture, including what to anticipate from gift recipients and how to avoid feeling obligated to spend money. They also offer a fresh perspective on how you could choose to opt out of gift-giving culture and instead focus on the celebration itself. In their conversation, the Nerds discuss: wedding budget calculators, financial conversations, gift-giving, wedding costs and surcharges, personal finance decisions, cost-effective weddings, wedding gift options, budgeting tips, gift-giving culture, birthday party gift etiquette, and party planning tips. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, September 21, 2023

How Millennial Money Woes Are Reshaping the American Dream

Experts discuss how millennials are redefining the American dream and finding ways to thrive despite hard economic times. Have you ever wondered how younger generations are maneuvering around traditional milestones in the face of mounting financial hurdles? That’s what Personal Finance Nerd Tiffany Curtis discusses with Dr. Jatali Bellaton, a neuropsychologist and the founder of Brilliant Minds Unite, a youth and adult financial literacy movement. She dives into the daunting financial realities of skyrocketing home prices and crippling student loans, and the impact these have on the dreams and aspirations of millennials and Gen Zers. She explains how to think about investments to make life easier down the road, and the pitfalls of rushing into societal norms without taking time to first reflect on what it is that you really want. Dr. Michael G. Thomas, Jr. then joins the podcast to unpack the emotional turmoil brought about by financial struggles, particularly within marginalized communities. He analyzes the damaging effects of comparison and the role of shame in deterring people from seeking financial support, and advocates for a shift in perspective in order to alleviate feelings of anxiety and embarrassment. Tiffany wraps up the show with host Sean Pyles in a brief reflection on our special series on millennial money, as well as what it means for how younger generations are redefining the American dream. In this conversation, you’ll learn about: financial uncertainty, the new American dream, economic challenges unique to younger generations, millennials, gen z, economic barriers, median home prices, societal norms, emotional weight, marginalized communities, how to take advantage of financial opportunities, financial wellness, student loan debt, financial anxiety, and the psychology behind financial shame. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, September 20, 2023

Money News: How a Government Shutdown Could Impact Your Finances

Learn how a government shutdown would impact your finances. Plus: updates on inflation, retail sales and Delta SkyMiles. In this financial news roundup, hosts Sean Pyles and Anna Helhoski touch on key headlines such as what the latest Consumer Price Index tells us about inflation, the reason why retail sales are surging, and controversial changes to Delta Airlines' SkyMiles program. They then take a close look at the looming threat of a government shutdown in Congress, particularly in the House of Representatives. Learn about the complex backdrop of budget negotiations, the economic consequences of a government shutdown, its impact on federal employees, and precautions you could take in order to prepare for financial challenges during a shutdown. In their conversation, the Nerds discuss: personal finance news, inflation, retail sales, the Consumer Price Index (CPI), Delta SkyMiles changes, a potential government shutdown, the Fiscal Responsibility Act, budget negotiations, government funding, federal employees, essential bills, financial assistance, federal benefits, interest rates, used car prices, rental rates, airfares, Social Security, Medicare, Medicaid, SNAP benefits, government shutdown consequences, and bill prioritization. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com .

Mon, September 18, 2023

International Budget Travel, and Firing Financial Advisors

Learn how to travel abroad on a budget and how to part ways with a financial advisor whose services are unsatisfactory. 1:15 This Week in Your Money: It’s possible to travel abroad on a budget, according to NerdWallet Travel editor Meghan Coyle. She joins hosts Sean Pyles and Liz Weston to discuss the pros and cons of using budget airlines for international travel. She discusses the overall change in flight prices over the last few years, how reliable budget airlines are when compared with other larger airlines, and what to look for in terms of hidden fees and terms so you’re not surprised by unexpected costs. She also offers tips for a better budget airline experience, including in-flight food and entertainment — and investing in a good neck pillow. 13:44 Today’s Money Question: A listener named Melissa joins Sean and Liz to ask for help deciding whether she should fire her financial advisor. Melissa expresses concerns about the performance of her investments and questions the fees she is paying her advisor. She also shares her struggles with balancing debt repayment, enjoying life in the present, and planning for the future. The hosts discuss what to look for in a financial advisor before working with them, then help Melissa understand what it takes to become a financial advisor after she expresses interest in becoming a certified financial planner herself. 40:22 Wrap-up Segment. In their conversation, the Nerds discuss: international travel, budget travel, debt repayment, financial freedom, cheap flights, safety of budget airlines, financial challenges, Dave Ramsey, living in the present, retirement planning, financial advisors, fee-only fiduciaries, certified financial planners, the Financial Therapy Association, personal finance, grad school loans, financial well-being, high-yield savings accounts, 529 plans for saving for education costs, debt management, travel insurance, cancel for any reason policies, portfolio diversification, index funds, financial advisor fees, fiduciary responsibilities, how to become a financial advisor, and the Financial Independence, Retire Early (FIRE) movement. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, September 14, 2023

Navigating Generational Financial Trauma in a Digital World

Explore the impact of generational financial trauma on millennials, how social media amplifies it and ideas for healing. Personal Finance Nerd Tiffany Curtis delves into the complex topic of generational financial trauma, particularly its impact on millennials, with two special guests: Aja Evans and Rahkim Sabree. Aja Evans is a licensed mental health counselor and financial therapist, and Rahkim Sabree is a certified financial education instructor and author. Together, they explore how past financial landscapes can shape our current financial behaviors, the double-edged sword of social media in shaping financial perspectives, and the importance of understanding these impacts, especially for marginalized groups. The episode also delves into the Black community's discussions around self-reliance and reparations. The speakers challenge the notion that achieving financial success is an antidote to generational trauma and expose how these misconceptions can breed competition among marginalized communities. Wrapping up the episode, the hosts stress the importance of financial literacy while discussing its limitations in closing racial and gender wealth gaps.  In this conversation, you’ll learn about: generational financial trauma, millennials, social media echo chambers, marginalized groups, how people define financial success, racial and gender wealth gaps, mental health counseling, financial therapists, financial education instructors, reparations, trauma healing, financial strain, and distorted financial perceptions. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, September 13, 2023

Money News: How UAW Strike Could Affect Workers — and Car Costs

Nerds explain this week’s personal finance news, with a focus on labor unrest as the United Auto Workers union prepares to strike. In Smart Money’s new weekly personal finance news roundup, hosts Sean Pyles and Anna Helhoski take a look at recent developments in the world of money and then go in-depth on an issue that could be important to your life — and your bottom line.  Today’s topics include rising home prices, the latest statistics on household wealth and debt, the rise in poverty from 2021 and 2022, and high-yield savings accounts. Plus, Sean and Anna take a deep look at the United Auto Workers' (UAW) threatened strike against the three largest automakers: Ford, General Motors and Stellantis. Learn what the workers want and what it could mean for your car shopping prospects if their demands aren’t met. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, September 11, 2023

Important Job Interview Questions and Travel Insurance Tips

Ace your next job interview with questions you may not have considered asking, then learn how travel insurance works. 01:13 This Week in Your Money: Before you head into your next job interview, consider asking yourself some questions suggested by hosts Sean Pyles and Liz Weston. They share specific questions you can ask in an interview to gain valuable insights into the position and the organization. They also suggest things you may want to ask yourself before jumping into a new role. 06:25 Today’s Money Question: Travel Nerd Sally French joins Sean and Liz to explore the intricacies of travel insurance. They discuss the types of coverage available, including “cancel for any reason” coverage and medical coverage, and the benefits of each. Then, they delve into the limitations of certain travel insurance policies, particularly those associated with credit cards. Finally, they explain the importance of understanding the specifics of a policy and options for assessing whether it suits individual travel needs and circumstances. In their conversation, the Nerds discuss: job interview questions, recruiters, career changes, interview tips, travel insurance coverage, travel planning, credit card perks, travel credit cards, travel tips, credit card travel insurance, international travel, medical coverage while traveling abroad, and cancel for any reason travel insurance. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, September 07, 2023

Overcoming Millennial Money Problems for Financial Wellness

Discover how global events molded millennial finances, and hear ideas for addressing economic challenges and financial trauma. In this Nerdy deep dive, personal finance Nerd Tiffany Curtis joins host Sean Pyles to discuss millennial money woes, from generational financial trauma to structural challenges that have made financial life more difficult for Americans between 27 and 42 years old. They discuss the changing ways that generations are studied and explore how world events such as the financial crisis and the COVID-19 pandemic have shaped people’s financial attitudes.  Tiffany also talks with Angela Moore, certified financial planner and founder of Modern Money Education, a financial education firm. They discuss the historic and present-day factors that have shaped millennials’ relationship with money and ways that they can take ownership of their finances. They also debunk myths surrounding millennials and money, the impact of the internet on financial empowerment, how the millennial pursuit of happiness impacts their career choices, lifestyle, and relationship with money. You’ll walk away with valuable insights into the tools millennials can use to empower themselves financially, including organizing finances, setting goals, and understanding the importance of insurance and estate planning.  In their conversation, Angela and Tiffany discuss: millennials, financial behavior, modern money education, generational financial trauma, wealth inequality, financial attitudes, career choices, generational divisions, disability insurance, estate planning, money management, generational wealth, retirement planning, budgeting, and financial goals. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, September 04, 2023

Are CDs Worth It, and Managing a Life-Changing Windfall

The rates on certificates of deposit have shot up over the past year. But are CDs really a good option, especially when high-yield savings accounts are offering similar yields? Sean Pyles and Sara Rathner discuss. Then Sean and Liz Weston talk with a listener about how to manage a life-changing financial windfall. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 6:33 Money Question segment: 6:34 - 30:44 Like what you hear? Please leave us a review and tell a friend.

Mon, August 28, 2023

Employee Stock Purchase Plans and AI Travel Planning

Explore how AI can help with personalized travel planning, then learn about Employee Stock Purchase Plans (ESPPs). 01:08 This Week in Your Money: Travel Nerd Sam Kemmis discusses the surprising benefits of using artificial intelligence for personalized travel planning. He joins hosts Sean Pyles and Liz Weston to share his experiences with AI tools like Google's Bard and ChatGPT, including tips for guiding AI and validating creative suggestions before committing to a travel itinerary. The Nerds also explore the pros and cons of “mystery travel,” where travelers embark on journeys without a concrete itinerary in order to embrace spontaneity and adventure. 17:38 Today’s Money Question: Investing Nerd Andy Rosen joins Sean and Liz to help answer a listener’s question about whether he should participate in his company’s employee stock purchase plan, also known as an ESPP. He explains what an ESPP is, why it benefits companies to offer one, and tactics for employees to assess whether they should participate in one. The Nerds also talk about the risks involved with participating in an ESPP, how to plan for related taxes, and potential limitations on when employees can trade their stock. In their conversation, the Nerds discuss: artificial intelligence in travel planning, personalized travel recommendations, AI chatbots, Google Bard, ChatGPT, employee stock purchase plans (ESPPs), financial planning, diversifying investments, travel planning tools, mystery travel, investment strategies, and ESPP tax implications. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, August 24, 2023

Alternative Investments and Speculation in Your Portfolio

Discover how alternative investments could help you diversify your portfolio. Have you ever wondered about the potential of alternative investments in your financial portfolio? NerdWallet’s Andy Rosen sits down with certified financial planner James Lee to uncover the world of untraditional investments, including real estate, commodities, cryptocurrency and collectibles. They discuss a recent survey indicating a shift in financial advisors' perspectives toward alternative investments and unpack the nuances of speculative investing. They also discuss guidelines for incorporating riskier investments into your overall investment portfolio, and they explain the key differences between investing and speculation. In their conversation, Andy and James discuss: alternative investments, financial planning, investment portfolio diversification, commodities, real estate investing, collectibles, real estate investment trusts or REITs, volatility, asset classes, speculation, long-term financial goals, investment strategies, financial exploration, penny stocks, over-the-counter stocks, cryptocurrency, tax loss harvesting, investment vehicles and financial goals. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, August 21, 2023

Overcoming Financial Fears, and Appliance Repair Tips

Learn why a broken appliance doesn’t have to drain your savings, and how to fight financial fears to enjoy your money. 1:13 This Week in Your Money: Should you repair your appliance instead of replacing it? Hosts Sean Pyles and Liz Weston delve into the latest data from Consumer Reports and share handy tips that could end up saving you money and reducing electronic waste. They also discuss the “right to repair” movement and what it could mean for appliance owners in the future. 07:54 Today’s Money Question: Sean talks with Jenna, a 29-year-old listener in St. Louis, about how to overcome her financial fears and start enjoying her money more. They discuss how her upbringing may have led to her feeling the need to exert more control over her spending than she needs to at this stage in her life, and they share ideas for how to let go of some of that control in order to enjoy life more fully. They also delve into different methods of budgeting for hobbies, “lifestyle creep,” and saving for long-term goals like a down payment on a house. In their conversation, the Nerds discuss: appliance life spans, electronic waste, financial anxieties, budgeting, financial goals, high-yield savings accounts, financial outlook, lifestyle creep, economic mindset, money management, sustainability, financial health, the right to repair movement, spending control, financial stability, hobbies, rewarding yourself, long-term goals, housing market, gardening, overcoming financial anxiety. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, August 17, 2023

Options Trading, Short Sales and Derivatives: A Nerdy Guide

Explore the risks and rewards of options trading, short selling and margin trading in this nerdy derivatives deep dive. Hosts Sean Pyles and Andy Rosen explain the concept behind derivatives trading before investing Nerd Sam Taube joins the show for a closer look at the ins and outs of specific types of derivatives. Sam explains the speculative and protective reasons for derivatives trading — and the average retail trader’s chances of finding success. Sam also delves into put options and call options when it comes to options trading, as well as the relative risks involved with each. He then gets into short sales and the role that shorting plays in the way our financial markets work. The discussion then leads to an examination of margin trading, including what happens when it goes right or wrong for an individual. In their conversation, the Nerds discuss: derivatives, options trading, short sales, margin trading, the price discovery process of markets, options strategies, risk management, and portfolio diversification. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, August 16, 2023

When and How to Talk to Your Parents About Their Finances

Learn how to have crucial financial discussions with your aging parents while preserving their dignity and security. In this Nerdy Book Club episode, personal finance Nerd Kim Palmer talks with journalist Cameron Huddleston about insights from her book “Mom and Dad, We Need to Talk: How to Have Essential Conversations With Your Parents About Their Finances.” In their discussion, Cameron shares her personal journey of stepping up to manage her mother's finances after an Alzheimer's diagnosis and offers guidance on how to have critical discussions about money matters with parents. Cameron breaks down why it’s important to understand different aspects of your parents’ financial situation, including their income sources, bills, debts and investments. She also provides strategies on initiating difficult financial conversations in a respectful, loving manner and shares how to spot changes in your parents’ financial situation or cognitive abilities. You’ll walk away with tips for timing your conversations and strategies for broaching the subject, even if your parents come from a generation that is typically reluctant to talk to their kids about money. In their conversation, Kim and Cameron discuss: difficult conversations with parents, financial affairs, legal documents, power of attorney, health care power of attorney, advanced directives, living wills, paying someone else’s bills, debt, navigating parental finances, elderly parents' finances, estate planning, dementia, financial scams and protecting parents from scammers. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, August 14, 2023

Seasonal Housing Market Trends and Travel Credit Card Tips

Learn how to take advantage of seasonal housing market trends and enjoy travel credit card rewards — even in small cities. 1:03 This Week in Your Money: Seasonal housing market trends can have a big impact on homebuying (or selling!), which is why NerdWallet data writer Liz Renter joins today’s episode to discuss the latest patterns. She talks with hosts Sean Pyles and Liz Weston about the fluctuating trends of home prices, inventory and sales, with a focus on how they’ve shifted over the past few years — including with the impact of the pandemic. They discuss how rising interest rates may influence the housing market in 2023 when it comes to prices, inventory and homeownership feasibility. The Nerds evaluate the pros and cons for buyers and sellers in the second half of 2023, including potential benefits of larger down payments and shorter mortgages. 10:57 Today’s Money Question: Travel Nerd Sam Kemmis joins Sean and Liz to answer a listener’s question about how to maximize the benefits of travel credit cards, particularly for those based in smaller cities with limited amenities. They discuss the perceived value of airport lounge access, when it makes sense to use points instead of paying cash and how to maximize benefits when flying out of smaller airports. They also offer insights into how to approach airline loyalty, and they wrap up the discussion by sharing their personal tips for traveling through small airports and small towns. 25:19 Takeaway Tips: In their conversation, the Nerds discuss: seasonal housing market trends, home prices, housing inventory, homebuying, home sales, mortgage loan interest rates, homeownership, the real estate market, travel credit card rewards, small airports, maximizing credit card benefits, travel tips, airport lounge access, frequent flyer miles, and buying flights with points instead of cash. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, August 10, 2023

Day Trading Highs and Lows: A Nerdy Guide to Calculating Risk

Get an inside look into strategies and pitfalls of the high-risk, high-reward world of day trading. Hosts Sean Pyles and Andy Rosen discuss the high-stakes world of day trading and shed some light on your statistical chances of finding success. Then, Andy welcomes seasoned traders Sierra Smith and Michael Sincere to the podcast to share their perspectives. They pull back the curtain on Sierra's typical trading morning, break down concepts like options trading, and highlight the rollercoaster ride of market highs and lows. They also discuss the profound role of social media in day trading, the importance of discipline and emotional control, and the potential pitfalls and real challenges in day trading. Drawing from their personal experiences, they shed light on how they’ve learned to take profits quickly, prevent losses from spiraling, and maintain a realistic perspective on potential returns.  In this conversation, you’ll hear about: day trading; options trading; market highs and lows; social media influencers; emotional control; cashing out; taking profits and alleviating losses; researching the stock market; and understanding and making money. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, August 07, 2023

Student Loan Repayments and a Nerdy Midyear Money Review

Uncover actionable tips for ensuring your money is working for you, and how to plan for resuming student loan payments. 01:28 This Week in Your Money: Learn how to conduct a midyear financial check-in with help from hosts Sean Pyles and Liz Weston, who offer practical advice for reassessing your financial situation and getting back on track. They discuss strategies to save on car insurance and cell phone plans and stress the importance of securing the best rates for savings accounts. They also discuss the benefits of conducting a tax projection, looking back at past financial resolutions, and preparing for the holidays early to avoid financial stress. 08:28 today’s Money Question: Student loan Nerd Eliza Haverstock joins Sean and Liz to answer a listener’s question about the upcoming resumption of student loan payments after more than three years and nine forbearance extensions. The Nerds discuss the challenges that many borrowers face, particularly with the upcoming end of the deferred interest period. They discuss the implications of withdrawing 401(k) money to make student loan payments and provide insights into the pros and cons of making lump sum payments versus paying off loans over time. They also share details around income-driven repayment (IDR) plans, including the new SAVE plan, and discuss other options such as the Public Service Loan Forgiveness program. 24:21 Takeaway Tips: In their conversation, the Nerds discuss: midyear financial check-ins, financial resolutions, saving on car insurance, cell phone plans, savings accounts, tax projections, student loan repayments, the end of the deferred interest period for student loans, the new income-driven repayment (IDR) plan, student loan balances, standard loan repayment plans, student loan forgiveness, the Public Service Loan Forgiveness program, budgeting, credit counseling, financial wellness and 401(k) withdrawals. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, August 03, 2023

Smart Strategies for Advanced Investing and Active Trading

Discover the risks and rewards of active investing, and when to consider calling in professionals for trading decisions. If you’re ready to take your investing game to the next level, then listen as NerdWallet’s Sean Pyles and Andy Rosen discuss the ins and outs of advanced investing strategies. They tackle the topic of autonomy over your investments, examining the rewards and risks that come with managing your own portfolio. They discuss how to assess your risk tolerance so you can make more informed decisions, then introduce some of the diverse strategies people use to invest. Sean and Andy then demystify the world of active trading and explain how paper trading can help you test your investing skills without risking any of your hard-earned money. You’ll walk away with a better understanding of the motivations and potential outcomes of active trading, no matter what types of investments you’re considering making. In their conversation, the Nerds discuss: investing strategies; technical analysis; advanced investing; day trading; swing trades; exchange-traded funds (ETFs); risk tolerance; active trading; DIY investing; professional financial management; portfolio allocation; robo-advisors; index funds; trading risks and rewards; buying stocks; paper trading; commodities; and when to consider working with an investment advisor. Please take our listener survey at https://nerdwallet.com/podsurvey to help us improve the show! Survey participants will be automatically entered into our Smart Money Podcast Sweepstakes for a chance to win a $100 Amazon gift card when you complete and submit the survey form. The Sweepstakes period is from June 19, 2023, to August 7, 2023. Limit One (1) Entry per person . No purchase necessary to enter or win. Odds of winning will be determined by the number of eligible entries received. Read the Official Rules for more details. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, July 31, 2023

Smart Saving Tips for Disney Trips, and Self-Employed Retirement

Learn Nerdy tips to plan a Disney vacation without going broke, and how to choose a retirement plan when self-employed. 01:08 This Week in Your Money: Unlock the magic of making your next Disney vacation more affordable with insider tips from travel Nerd Sally French. She joins hosts Sean Pyles and Liz Weston to unveil the secrets behind experiencing Disneyland and Disney World on a budget, from strategic hotel choices to the types of tickets you might want to avoid. Plus: The Nerds discuss the value of early entry benefits, share their hot takes on whether Genie+ tickets are worth the splurge and explore methods for saving money on food and souvenirs. 13:00 Today’s Money Question: Investing Nerd June Sham joins Sean and Liz to answer a listener’s question about how to manage retirement plans and quarterly taxes as a self-employed professional. The Nerds go deep into 401(k) contribution limits, mega backdoor Roth 401(k) and IRA plans and SEP, or simplified employee pension, plans. You’ll discover money-saving strategies, understand when it’s important to budget for quarterly taxes and learn when you might need a tax professional to keep your finances in check. 29:04 Takeaway Tips. In their conversation, the Nerds discuss: Disney vacations; theme park tips; early entry benefits; Genie Plus tickets; Disney World and Disneyland hotels; how to avoid long lines; retirement plans; backdoor Roth IRAs; solo 401(k) plans; quarterly taxes; money-saving strategies; budgeting; simplified employee pension plans; using tax professionals; and maxing out retirement accounts. Please take our listener survey at https://nerdwallet.com/podsurvey to help us improve the show! Survey participants will be automatically entered into our Smart Money Podcast Sweepstakes for a chance to win a $100 Amazon gift card when you complete and submit the survey form. The Sweepstakes period is from June 19, 2023, to August 7, 2023. Limit One (1) Entry per person . No purchase necessary to enter or win. Odds of winning will be determined by the number of eligible entries received. Read the Official Rules for more details. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, July 27, 2023

Smart Credit Building and Saving for a Secure Retirement

Understand the implications of adding authorized users to credit cards, and how to plan retirement so your money lasts. 01:40 Today’s first Money Question: A listener asks whether it’s a good idea to help a friend or family member build credit by adding them as an authorized user on your credit card. Credit expert Bev O’Shea joins Sean Pyles and Liz Weston to discuss the risks and benefits of adding authorized users, including the impact it can have on a person’s credit profile, the conditions under which it might be unfavorable and how many people a credit card holder can add as authorized users. 13:35 Today’s second Money Question: Sean and Liz turn their attention to the complex world of retirement planning. They discuss methods for evaluating whether you've saved enough for retirement, common pitfalls to avoid and why it's key to consult with a fee-only financial planner. The discussion digs deep into critical decisions around Medicare and Social Security and how to manage them effectively, how to ensure your retirement funds last and the impact of inflation on retirement plans. In their conversation, the Nerds discuss: credit card authorized users; credit management; credit profiles; financial planners; retirement planning; Medicare; Social Security; retirement funds; inflation; health insurance; filing bankruptcy; and retirement savings. Please take our listener survey at https://nerdwallet.com/survey to help us improve the show! Survey participants will be automatically entered into our Smart Money Podcast Sweepstakes for a chance to win a $100 Amazon gift card when you complete and submit the survey form. The Sweepstakes period is from June 19, 2023 to August 7, 2023. Limit One (1) Entry per person . No purchase necessary to enter or win. Odds of winning will be determined by the number of eligible entries received. Read the Official Rules for more details. If you enjoyed today’s episode, then please vote for us in the 18th Annual People's Choice Podcast Awards! Register at https://podcastawards.com and find “NerdWallet’s Smart Money Podcast” in the Business category. Voting in other categories is optional. We appreciate it! To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, July 24, 2023

Outsmart Student Loan Scams, and Child Care Budgeting Tips

Keep your money safe by spotting student loan scams, then learn how to cover child care costs without going into debt. 01:02 This Week in Your Money: Hear a student loan scammer’s actual voicemail, which hosts Sean Pyles and Liz Weston dissect line by line to give you a better understanding of scammers’ manipulative strategies and pressure tactics. Sean and Liz will also share practical advice about how to safeguard yourself and your loved ones against these scams and tips for how to plan your budget for when student loan payments resume later in 2023. 09:15 Today’s Money Question: Personal finance Nerd Kim Palmer helps Sean and Liz answer a listener question about the financial challenges associated with sending two children to day care full time, despite both parents having six-figure salaries. They suggest different budgeting approaches parents may want to consider when planning for child care costs, and Kim shares the trade-offs she has made in her own life to afford child care. The Nerds also discuss the risks of using a home equity line of credit to fund day care, the potential hazards of lifestyle creep and the implications of becoming a stay-at-home parent to offset child care costs. 22:03 Takeaway Tips. In their conversation, the Nerds discuss: student loan scammers; financial scams; keeping your FSA ID safe; budgeting for parents; retirement savings; lifestyle creep; the 50/30/20 budget strategy; managing household expenses; when to consider a home equity line of credit (HELOC); budgeting shortfalls; and child care costs. Please take our listener survey at https://nerdwallet.com/podsurvey to help us improve the show! Survey participants will be automatically entered into our Smart Money Podcast Sweepstakes for a chance to win a $100 Amazon gift card when you complete and submit the survey form. The Sweepstakes period is from June 19, 2023, to August 7, 2023. Limit One (1) Entry per person . No purchase necessary to enter or win. Odds of winning will be determined by the number of eligible entries received. Read the Official Rules for more details. If you enjoyed today’s episode, then please vote for us in the 18th Annual People's Choice Podcast Awards! Register at https://podcastawards.com and find “NerdWallet’s Smart Money Podcast” in the Business category. Voting in other categories is optional. We appreciate it! To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a re

Thu, July 20, 2023

Smart Ways to Get Out of Debt, and Pet Insurance Planning

Learn ways to handle your debt, including some options you might not know about. And find out how pet insurance works, how much it costs and ways to budget for pet care. 01:14 Today’s first Money Question: Personal finance Nerd Tommy Tindall joins Sean Pyles and Liz Weston to discuss alternative ways to pay off debt when you can’t get a personal loan. The Nerds discuss credit counseling, debt management plans and when it may make sense to declare bankruptcy. They analyze the pros and cons of each and discuss the potential effects on credit scores. If you've ever wondered when it may make sense to use a debt management plan or when bankruptcy might be a better option, this episode has got you covered.  17:04 Today’s second Money Question: Is pet insurance worth it? Co-host Sara Rathner joins Sean and Liz to answer that question by breaking down how pet insurance works, what to consider when selecting a plan and when you may want to consider it for your furry (or feathery, or scaly) friends. They also discuss the costs of different levels of coverage, the impact of your pet's age on insurance costs and how to budget for anticipated medical expenses.  In their conversation, the Nerds discuss: debt-to-income ratio; debt snowball and debt avalanche payoff methods; credit scores; credit counseling; declaring Chapter 7 or Chapter 13 bankruptcy; debt settlement; pet insurance premiums; preexisting conditions; dental cleanings; and pet emergency funds. Please take our listener survey at https://nerdwallet.com/podsurvey to help us improve the show! Survey participants will be automatically entered into our Smart Money Podcast Sweepstakes for a chance to win a $100 Amazon gift card when you complete and submit the survey form. The Sweepstakes period is from June 19, 2023, to August 7, 2023. Limit One (1) Entry per person . No purchase necessary to enter or win. Odds of winning will be determined by the number of eligible entries received. Read the Official Rules for more details. If you enjoyed today’s episode, then please vote for us in the 18th Annual People's Choice Podcast Awards! Register at https://podcastawards.com and find “NerdWallet’s Smart Money Podcast” in the Business category. Voting in other categories is optional. We appreciate it! To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com .

Mon, July 17, 2023

Social Media Shopping Tips, and Smart Spare Cash Investing

Learn pro tips for shopping on social media so you don’t overspend, and smart strategies for investing your spare cash. 00:48 This Week in Your Money: Get equipped with practical tips to shop smart on social media platforms and stay vigilant against overspending. Personal finance Nerd Kimberly Palmer joins hosts Sean Pyles and Liz Weston for a Nerdy look at how your social media feed may be leading you to spend more money than you should. You’ll learn about useful browser extensions to help you compare prices, a reminder to check customer reviews and how the setting and a false sense of urgency can lead people to spend too much money and perhaps share too much personal information.   8:26 Today’s Money Question: Investing Nerd Sam Taube joins Sean and Liz to answer a listener’s question about how to invest extra money currently sitting in a high-yield savings account. The Nerds take a deep look into the importance of emergency funds and how to set realistic financial goals, offering practical advice on starting your own emergency fund and discussing how your cost of living can influence the amount you should consider saving. They also explain how using online banks can make savings goals more tangible, before they switch gears and dive into the vast world of investment options, including the mutual funds, exchange traded funds, individual stocks, high-interest savings accounts and money market accounts. 23:53 Takeaway Tips. In their conversation, Sean and Liz discuss: social media shopping; influencer marketing; price comparison shopping; how to read customer reviews; smart shopping browser extensions; limited time offers; options for investing spare cash; emergency funds; cost of living adjustments; online bank savings buckets; short-term and long-term financial goals; money market savings accounts; money market mutual funds; CDs; and splurging. Please take our listener survey at https://nerdwallet.com/podsurvey to help us improve the show! Survey participants will be automatically entered into our Smart Money Podcast Sweepstakes for a chance to win a $100 Amazon gift card when you complete and submit the survey form. The Sweepstakes period is from June 19, 2023 to August 7, 2023. Limit One (1) Entry per person . No purchase necessary to enter or win. Odds of winning will be determined by the number of eligible entries received. Read the Official Rules for more details. If you enjoyed today’s episode, then please vote for us in the 18th Annual People's Choice Podcast Awards! Register at https://podcastawards.com and find “NerdWallet’s Smart Money Podcast” in the Business category. Voting in other categories is optional. We appreciate it!<

Thu, July 13, 2023

Nerdy Guide to Brokerage Fees and Investment Advisors

Learn how to avoid overspending on investing and brokerage fees, and get smart about how to choose a financial advisor. 01:55 Today’s First Money Question: Investing Nerd Alana Benson joins Sean Pyles and Liz Weston to demystify brokerage fees and explain how you can reduce the fees you’re paying on investment accounts. They discuss the types of brokerage fees and how they can impact your investments.  13:53 Today’s Second Money Question: The Nerds walk through the process of choosing the right financial advisor for your needs. They explain the qualifications and expertise of various financial advisors and what to consider when selecting one, including how to spot red flags. They also discuss the importance of estate planning and power of attorney, and they offer ideas for how you can manage your money independently if you prefer a DIY approach.  In their conversation, Sean and Liz discuss: brokerage fees; investment advisors; 401(k) fees; index funds; exchange-traded funds (ETFs); mutual funds; trade commissions; expense ratios; assets under management; hourly fees; retainers; red flags; fiduciaries; enrolled agents; estate planning; power of attorney; robo-advisors; certified financial planners (CFPs) versus certified public accountants (CPAs); accredited financial counselors; tax advisors; rebalancing accounts; and professional money management. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, July 10, 2023

Human Longevity Literacy, and How Debt Impacts Credit Scores

Improve your longevity literacy so you don’t retire too early (or late!), then learn how debt affects your credit score. 01:31 This Week in Your Money: Sean Pyles and Liz Weston delve into the significant yet often overlooked concept of longevity literacy. They discuss how understanding your life expectancy can greatly influence retirement planning, and they share a life expectancy calculator you can use to get a personalized estimate of your life expectancy. 07:52 Today’s Money Question: Sean and Liz debunk common credit score myths, such as the idea that you can’t have good credit scores without debt. They also discuss how different types of credit accounts, like revolving accounts and installment loans, can affect your credit score, as well as the importance of responsibly managing credit card use. Plus, you’ll learn about the impact of closing an installment loan on your credit score and the importance of keeping credit cards open. You’ll walk away with nerdy, actionable insights into effective debt management strategies. 20:03 Takeaway Tips. In their conversation, Sean and Liz discuss: longevity literacy and illiteracy; retirement planning; human life expectancy; life expectancy calculators; retirement age; credit score myths; debt management; revolving accounts; closing installment loans; credit card use; paying balances; credit card debt; personal finances; and closing accounts. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, July 06, 2023

Bill Disputes, Managing a Raise, and Smart Saving Early

Learn how checking your bills can prevent you from overspending, how to manage a raise and how to build wealth early. 01:14 This Week in Your Money: Sean Pyles and Liz Weston discuss how you can prevent overspending by double-checking all your bills and share how doing so saved Sean more than $100 on just a single bill. They also discuss some surprising ways bills can demonstrate that you’re getting shortchanged. 07:58 Today’s First Money Question: Smart Money co-host Sara Rathner helps Sean and Liz answer a listener’s question about how to prioritize spending and saving after a significant salary increase. The hosts dive into the 50/30/20 budget, how to combat the temptation of “lifestyle creep” that comes with entering a new income bracket, and methods for setting financial goals and establishing a path to meet them. They also look at how to prioritize debt repayment and retirement savings when you're in your 40s or 50s and your budget may be more stretched. 24:07 Today’s Second Money Question: Personal finance Nerd Kim Palmer joins Sean and Liz to answer a question from a 16-year-old listener about how to get an early start on setting up a bright financial future. Kim discusses options for starting to save early, the time value of money and when it may be worth considering switching banks. In their conversation, Sean and Liz discuss: bills; automatic bill pay; medical expenses; prioritizing spending and saving; credit card rewards points; budgeting; managing lifestyle changes; reaching financial goals; time as a monetary resource; fractional shares; compounding interest; emergency funds; retirement planning; money management; and budgeting, investing, and building wealth for teenagers. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, July 03, 2023

When to Merge Finances — or Not

At a certain point in your relationship, merging your finances can feel like a natural step … or not. To start this episode, hosts Sean Pyles and Sara Rathner talk about why combining your finances with a partner isn’t always a great idea. Then Sean is joined by Nerds Liz Weston and Kim Palmer to answer a listener's question about how to manage multiple credit card accounts when merging finances. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 16:14 Money Question segment: 16:15- - 32:51 Like what you hear? Please leave us a review and tell a friend.

Fri, June 30, 2023

Student Loan Forgiveness Struck Down by Supreme Court. Now What?

The Supreme Court has struck down President Biden’s student loan forgiveness plan. Sean and Anna discuss what this means for consumers — including when you can expect payments to resume. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com .

Thu, June 29, 2023

The Price of Parenthood: In Vitro Fertilization and the Future of Parenthood

In vitro Fertilization — or IVF — is an effective way to become pregnant. But is it only for the wealthy?  In this final episode of our Nerdy Deep Dive into the price of parenthood, Sean and Ronita explore IVF and hear from a mother who went through the process.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, June 26, 2023

Nerdy Tips on Tipping, and Managing High Credit Card Annual Fees

Feel less awkward about tipping with our Nerds’ tipping tips. Then learn about credit cards with high annual fees. 01:12 This Week in Your Money: Sean Pyles and Liz Weston discuss when to tip, when not to tip and how much you should tip — not just in restaurants but also in places where people haven’t historically tipped, like grocery stores and self-serve frozen yogurt places. They also talk about the broader economic implications of tipping and different tipping standards around the world. 07:36 Today’s Money Question: Erin Hurd joins Sean Pyles and Sara Rathner to discuss credit cards with high annual fees: why are they so expensive, what benefits do they offer, and how can you make sure you’re not leaving money on the table if you use them? They talk about what to consider if you’re thinking about getting one, how to get the most out of your rewards points and understanding when it might be time for a product change. 19:16 Takeaway Tips. In this episode, Sean, Liz, Sara and Erin discuss: the etiquette of tipping service workers; the economics of tipping; waitstaff gratuities; profit margins; CEO salaries; credit cards with high annual fees; credit card rewards points; travel rewards and hotel perks; product changes; canceling credit cards; credit card terms and conditions; credit card authorized users; and how credit cards can impact your credit score. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, June 22, 2023

The Price of Parenthood: How Egg Freezing Works

Egg freezing lets would-be parents put their plans on ice. But is it a realistic option for everyone?  In the third episode of our nerdy deep dive into the price of parenthood, Sean and Ronita explore when egg freezing is a good option for parents — and how much it really costs.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, June 19, 2023

Nerdy Travel Tips, and Budgeting for a Non-Traditional Life

Avoid costly travel mistakes with expert tips from our Nerds. Then, learn how to budget for a non-traditional lifestyle. You can help us improve our show! Please take our listener survey at: https://nerdwallet.com/podsurvey   01:00 This Week in Your Money: Summer travel costs are soaring this year — but that doesn’t mean your expenses have to. Sean Pyles and Liz Weston offer tips for planning ahead to decrease your costs, from capitalizing on credit card rewards points to scheduling your trips when airfares aren’t so high.  08:54 Today’s Money Question: Gabe S. Dunn, host of the podcast Bad With Money with Gabe Dunn, joins Sean and Liz to help answer a listener’s question about planning for retirement as a gay man who finds planning templates and other financial resources to be heteronormative and not necessarily helpful in his financial planning. They discuss the challenges of living a “non-traditional” lifestyle — and the fact that you don’t have to be queer to be non-traditional. They also share tips on overcoming the fear of seeking financial help and advice, and discuss the importance of finding the right financial advisor who can explain things in plain language. 33:00 Final Thoughts In their conversation, Sean and Liz discuss: vacation costs; credit card travel points; bonus rewards points from airlines and hotels; foreign transaction fees; buy now, pay later loans; gas prices; free night certificates; Google Flights; Hopper; hidden fees like resort fees; LGBTQ+ lifestyles; marginalized communities; Finance for the People by Paco de Leon; being afraid to ask questions; retirement planning; solo aging; and the unique freedom that living a non-traditional lifestyle can offer. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, June 15, 2023

The Price of Parenthood: What It Takes to Adopt

The price of adoption can vary greatly — from under $1,000 to over $60,000.  In this episode of our nerdy deep dive into the price of parenthood, Sean and Ronita explore the various avenues and expenses associated with adoption. A dad now in the adoption process shares his experiences, and a financial planner unpacks questions you should ask if you’re considering adoption. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, June 12, 2023

Money Scams, and Renting Credit Card Tradelines for Cash

Learn about how to avoid the latest money scams and whether it’s worth using your credit score to earn extra income. This Week in Your Money (00:00 - 08:06): Sean and Liz discuss the latest financial fraud to watch out for, including Google Voice scams and AI-generated voice spoofing, and provide insights and advice on how to stay safe and avoid becoming a victim. They also recommend resources for staying informed and where to go if you get defrauded. Today’s Money Question (08:07 - 26:05): Sara Rathner joins this episode to help answer a listener's question about whether they should use tradelines to earn extra income, and she discusses the ethical concerns of selling authorized user slots on credit cards. She also suggests alternative ways to build credit and discusses the importance of setting financial goals and being disciplined with the extra income you earn. In their conversation, Sean, Liz and Sara discuss: how to avoid money scams; social engineering and identity theft; how tradelines work; credit score safety; credit card authorized users; methods for building credit; and ideas for approaching side hustles. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 08:06 Money Question segment: 08:07 - 26:05 Like what you hear? Please leave us a review and tell a friend.

Thu, June 08, 2023

The Price of Parenthood: What It Costs to Be a Parent

Becoming a parent is unavoidably expensive. But this is a financial decision that’s about a lot more than just money.  To kick off our nerdy deep dive into the price of parenthood, Sean Pyles and Ronita Choudhuri-Wade talk about how much it costs to have a child, including the cost of raising one to adulthood.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, June 05, 2023

Making Hobbies Affordable, and Saving Money Priorities

Learn how to make your hobbies more affordable. Plus, decide what to save for first: an emergency, a house or retirement. This Week In Your Money (0:00 - 12:03): Sean delves into the finer aspects of how you can plan ahead to make affordable gardening possible, including tips for sourcing tools and the surprising benefits of engaging with the gardening community. Liz then explains how you can enjoy your hobbies on a budget without sacrificing the fun factor by discussing how to avoid making some of the same mistakes she made when she got into her hobby of making miniatures. Today’s Money Question (12:04 - 39:59): Veronica, a 40-year-old listener in Oakland, California, joins Sean and Liz to discuss how she should prioritize her finances. Since she recently became debt-free, she wonders whether to first save for an emergency fund, a down payment on a house or retirement. Veronica also shares her story of student loan forgiveness. In their conversation, Sean and Liz discuss: high-yield savings accounts; guidelines for building an emergency fund; the challenges of finding affordable housing; homeowners association fees; home buyer programs; retirement planning with pensions; real estate as part of an investment portfolio; resources for financial planning; student loan forgiveness impact; debt avalanche and debt snowball payoff strategies; and critical financial aspects of building an emergency fund, homeownership and retirement, to help you walk away with some ideas for how you can prioritize your own financial goals. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 12:03 Money Question segment: 12:04 - 39:59 Like what you hear? Please leave us a review and tell a friend.

Trailer · Mon, June 05, 2023

Welcome to NerdWallet's Smart Money Podcast

NerdWallet’s Smart Money Podcast will give you practical knowledge you can use to level up your finances. Every week, NerdWallet’s expert Nerds answer your money questions and break down the latest personal finance news. You’ll learn about different investment strategies; understand your credit score and your tax bills; get pro tips for organizing your expenses and putting more money into your savings; and a whole lot more. Whatever your money question, the Nerds will give you the info to make your money decisions with confidence. Weekly financial check-ins with Smart Money can help you spend more time doing what matters—and less time worrying about whether you’re on track to meet your money goals. You’ll get the clarity you need to make smart decisions with confidence so you don’t lose out on what money can do for you.

Mon, May 29, 2023

Get Creative About Money With Paco de Leon

If traditional money advice doesn’t work for you, then you might want to consider a more creative approach.  In this episode, personal finance Nerd Kim Palmer talks with Paco de Leon, author of the new personal finance book, “Finance for the People.” She is also an illustrator, musician and founder of a financial education firm and bookkeeping agency. De Leon shares how to take a visual and creative approach to budgeting and making money decisions, including why — and how — to write a letter to your own debt.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, May 25, 2023

The Cost of Climate Change: Preparing for the Worst

How would you recover if your life was upended by a huge disaster — a fire, hurricane or flood? Getting your affairs in order before a disaster hits — and knowing what help is available afterward — can help you recover faster and more fully. In this episode of our nerdy deep dive into climate change and your money, we talk about how to rebuild your finances after the worst happens.

Mon, May 22, 2023

More Money Hot Takes, and When to Leave Your Job

A lot of influencers peddle classes with guarantees of helping you become rich and successful. But are they legit — or just another moneymaking scheme? Sean has strong feelings about these classes, and he shares them in another round of Money Hot Takes. Then Sean and Sara answer a listener’s question about when you should leave a job. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 9:07 Money Question segment: 9:08 - 28:00   Like what you hear? Please leave us a review and tell a friend.

Thu, May 18, 2023

The Cost of Climate Change: Investing (and Banking) for a Greener World

You really want to effect change around climate issues? Put your money to work for you. In this episode of our nerdy deep dive into how climate change affects your money, we discuss ways your banking and investing choices can reflect your climate goals — and how to avoid greenwashing. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, May 15, 2023

Top Consumer Complaints, and Car Shopping in 2023

The car market has been a mess for … a while. Is now a better time to buy than a year ago? And how is the car market looking for the rest of the year? This episode, Sean and Sara answer a listener’s question about car buying in 2023. And to kick off this episode, Sean and Liz talk about the issues and providers that consumers are complaining about the most. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 6:24  Money Question segment: 6:25 - 26:40  Like what you hear? Please leave us a review and tell a friend.

Sun, May 14, 2023

Why Moms Face a Pay Penalty — and What to Do About It

Becoming a mother can transform your life: providing a new sense of purpose, expanding your family and, potentially, limiting your earning power. In this episode, Sean and NerdWallet writer Amanda Barroso dig into the motherhood pay gap, including what it is, where it comes from and how to fix it. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Fri, May 12, 2023

The Cost of Climate Change: How to Protect Your Home From Disaster

If a natural disaster struck your home — whether you own or rent — would you be covered? Many consumers aren’t as protected as they might think. In this episode of our nerdy deep dive into how climate change affects your money, Sean and NerdWallet insurance editor Caitlin Constantine talk about how to really protect yourself when a big storm hits where you live. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, May 10, 2023

How to (Really) Save on Groceries

Eating a plant-based diet doesn’t have to be expensive — or boring. In this episode, Nerds Sean Pyles and Kimberly Palmer talk with Toni Okamoto, author of “Plant-Based on a Budget Quick & Easy,” about how to save money on your groceries by making healthy, vegan meals.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, May 08, 2023

The Future of College Debt, and Rent vs. Buy (With a Dog)

Deciding whether to keep on renting or get serious about buying a house is rarely easy. But in an area where houses are expensive and many apartments aren’t amenable to your four-legged friend, the choice gets even more complicated. This episode, the Nerds talk with a listener about how she’s working through this predicament. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 9:43 Money Question segment: 9:44 - 33:03  Like what you hear? Please leave us a review and tell a friend.

Thu, May 04, 2023

The Cost of Climate Change: The Big Picture

Climate change is going to have profound effects on our lives — including our money. To kick off this nerdy deep dive into climate change and finance, we explore how personal finances and economies could be affected by natural disasters. Then we talk about how to manage the emotional dread around climate change — and how to prevent it from bogging down your financial goals. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, May 01, 2023

Your Social Security Benefits, and Tax Efficient Retirement Investing

Knowing how much you could get from Social Security is a big part of retirement planning (and, yes, cynical listeners — you will be getting these benefits!). To kick off this episode, Sean and Liz talk about a new tool that can help you estimate your benefits.  Then Sean and Sara answer a listener’s question about tax efficient investments for retirement accounts.  Need help with a money question? Call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . You can also email us your voice memos.  Timestamps: This Week in Your Money segment: 0:00 - 10:45  Money Question segment: 10:46 - 31:02  Like what you hear? Please leave us a review and tell a friend.

Fri, April 28, 2023

Money and Happiness: Building (and Buying) Your Happiness

It’s here at last: This episode, the simple formula to your happier, more prosperous life will finally be revealed! Just kidding. Turns out, happiness is work. But you can take steps to improve your levels of happiness and the role money plays in shaping your happiness.  To round out this Nerdy deep dive into money and happiness, Sean talks with Dan Harris of “Ten Percent Happier"; University of California, Berkeley professor and host of “The Science of Happiness” podcast Dacher Keltner; and financial therapist Ashley Agnew. They explore what it means to define your own happiness and how you can use your money to build a happier life.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, April 26, 2023

Money News: What’s the Deal With ‘Junk Fees’?

You don’t have to be a Taylor Swift fan to feel like you’re being personally attacked by hidden fees and surcharges. These so-called junk fees can be unrelenting, but the tide may be changing. In this Money News episode, Sean talks with Anna Helhoski about the latest on junk fees and what you can do about them. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, April 24, 2023

Neurodiverse Money, and Financial Infidelity

If your partner hid tens of thousands of dollars in credit card debt from you, would you bail — or help them pay it off? In this episode of the podcast, Sean and Sara tackle a listener’s question about financial infidelity. They also talk about managing money when you’re neurodiverse.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 7:31  Money Question segment: 7:32 - 27:02 Like what you hear? Please leave us a review and tell a friend.

Thu, April 20, 2023

Money and Happiness: Happiness for a Bargain

Let’s wheel out the cliche “money can’t buy happiness.” In truth, we know that’s not really the case, right? Research shows that the more money you have, the more well-being you have. But you can find happiness without steadfast reliance on cash.  In this episode of our deep dive into money and happiness, we explore how much money you really need to be happy — and what it’s like to create a happy life where money plays a less important role.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, April 17, 2023

Making Your Big Money Reset, With Jill Schlesinger

If you wanted to dramatically upend your life overnight, you probably could — but it could have unintended consequences.  You do have the power to transform your life, though, from your job, to where you live and how you manage your finances. In this episode, Sean and Sara talk with Jill Schlesinger — CBS business analyst, host of the “Jill on Money” podcast and author of “The Great Money Reset” — about how you can enact the changes you want in your life. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, April 13, 2023

Money and Happiness: Uncover Your Money History

What is your first money memory? And how is it influencing your finances today? In this episode of our deep dive into money and happiness, Sean explores how you can dig into your financial history to build a happier — and more financially fruitful — future. Have questions about money and psychology? Share them with the Nerds! Call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, April 10, 2023

Recession Anxiety, and Retirement Savings vs. Mortgage Payoff

A recession is imminent. Or, maybe it isn’t? News stories about looming recession can feel incessant, only for the economic turmoil to never materialize. To start off this episode, Sean and Sara talk about how to cut through the noise and focus on improving your financial life.  Then Sean and Sara talk with a listener, Lauren, who’s deciding whether to pull back from her retirement savings to pay down her mortgage faster.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 8:39  Money Question segment: 8:40 - 30:52 Like what you hear? Please leave us a review and tell a friend.

Thu, April 06, 2023

Money and Happiness: What's Happiness Really Worth?

Do you really need money to be happy? Or is money the reason you’re unhappy? Either way, chances are your relationship to money and happiness is a little, well, messy.  To kick off this Nerdy deep dive into money and happiness, Sean talks with happiness experts Gretchen Rubin and Robert Puff to understand what happiness really means. Then Sean talks with Morgan Housel, author of “The Psychology of Money,” about where money and happiness intersect. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, April 03, 2023

Spring-Cleaning, and Paying Off Different Types of Debt

It’s officially spring, which means it’s time to bust out the duster, broom — and your bank account logins. To start this episode, Sean and Sara talk about how you can do a little financial spring-cleaning. Then they answer a listener’s question about paying off different debts, like taxes and credit cards.  Want the Nerds to answer your money question? Call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 10:34 Money Question segment: 10:35 - 27:04

Fri, March 31, 2023

‘This or That’: Lightning Round

The travel Nerds have all sorts of opinions on when to get to the airport ahead of a flight, what sorts of upgrades or perks are most valuable to them — and of course, whether to check or carry on a bag. In this episode of Smart Money, the travel Nerds answer some lightning-round questions on their takes. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, March 27, 2023

Is Banking Stable, and Traditional vs. Online Banks

The banking system has been feeling less than stable lately. But how worried should you really be? To start this episode, Sean and Sara discuss the concern. Then Sean and Liz answer a listener question about how to choose between an online and a traditional bank.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 6:21  Money Question segment: 6:22 - 25:13  Like what you hear? Please leave us a review and tell a friend.

Fri, March 24, 2023

‘This or That’: Loyalty to One Travel Brand or Diversify?

So you’re deep in the points game (or want to be). Are you better off focusing your points earning and spending efforts on one brand, or diversifying your points? This episode, Sean talks with travel Nerd Elina Geller about which is better and why.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, March 20, 2023

Are CDs Worth It, and Managing a Life-Changing Windfall

The rates on certificates of deposit have shot up over the past year. But are CDs really a good option, especially when high-yield savings accounts are offering similar yields? Sean Pyles and Sara Rathner discuss. Then Sean and Liz Weston talk with a listener about how to manage a life-changing financial windfall. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 6:33 Money Question segment: 6:34 - 30:44 Like what you hear? Please leave us a review and tell a friend.

Fri, March 17, 2023

‘This or That’: Travel Credit Card or Cash-Back Credit Card

Travel credit cards can help you score the vacation of your dreams on points alone. But are they worth the hassle of playing the points game? In this episode of the “This or That” travel series, Sean talks with travel Nerd Sally French about why travel cards are worth the hype — and when a cash-back card might be the better option. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, March 13, 2023

How COVID Changed Our Finances — and Our Advice

The COVID-19 pandemic upended the world — and our finances. The tumult created a lot of opportunity and angst in its wake. In this episode, Sean hosts a roundtable discussion about how COVID-19 changed the way we manage and talk about money. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Fri, March 10, 2023

‘This or That’: Booking With Points vs. Cash

You’ve got a trip coming up. Should you use cash or points to book your travel and lodging? In this episode, Sean Pyles talks with travel writer Meghan Coyle about when you might want to use cash — and when points are your best bet. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, March 06, 2023

How to Leverage Inflation for Your Benefit

Inflation is affecting a lot more than the price of groceries. It’s also presenting financial opportunities — if you know where to look. In this episode, we share a discussion about how you can leverage inflation for your benefit while minimizing its negative effects on your finances. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Fri, March 03, 2023

Money News: The Supreme Court Debates Student Debt Cancellation

The Supreme Court is getting closer to dashing or fulfilling folks’ dreams of student debt cancellation. This week, the justices heard arguments that will determine the fate of some 40 million student loan borrowers. In this Money News episode of the podcast, Sean Pyles and Anna Helhoski talk about what happened, which way the court might be leaning and what it means for you. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, March 01, 2023

‘This or That’: Airbnb vs. Hotel

Airbnb used to be a go-to option for fun, one-of-a-kind lodging. Then the cleaning fees started stacking up. Are Airbnbs worth it anymore, or are hotels the better route to go? In this episode, host Sean Pyles talks with travel Nerd Sam Kemmis about how to decide between an Airbnb and a hotel. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, February 27, 2023

The Tax Episode 2023

Tax season is in full swing. And this episode, we’re taking on popular questions, including when you’re fine filing on your own — and when you might want to hire help. We also discuss why so many Americans who are eligible to file their taxes for free end up paying anyway.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 11:36  Money Question segment: 11:37 - 36:45  Like what you hear? Please leave us a review and tell a friend.

Thu, February 23, 2023

When Your Family Steals Your Identity

Being the victim of identity theft can be traumatic, especially when your own mother is the perpetrator. In this episode, personal finance Nerd Kimberly Palmer talks with Axton Betz-Hamilton, author of “The Less People Know About Us: A Mystery of Betrayal, Family Secrets, and Stolen Identity.” Betz-Hamilton talks about her experience being the victim of familial identity theft and shares tips on how to protect your identity — and how to recover if you are a victim.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, February 20, 2023

Money Hot Takes, and Too Many Credit Cards

It’s time for some money hot takes. To start off this episode, Sean and Liz share their (maybe unpopular) opinions about personal finance topics. Sean goes off about why buy now, pay later loans aren’t all they’re cracked up to be. And Liz shares her thoughts on how the credit bureaus can fix the way they handle your data.  Then they answer a listener’s money question about when you might have too many credit cards — and what to do about it if you do.  Also, we want to hear how your life — and your money — changed since the COVID pandemic began three years ago. Whether you bought a house, had a life changing epiphany or your life is more or less the same, share your story with us for an episode we're working on. Leave a voicemail or text Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, February 16, 2023

‘The Color of Wealth’: Investing for Your Family's Future

There are many ways for Black women and mothers to invest to build wealth for their families. Choosing the one that fits best can be a challenge, especially when you have competing priorities. In this episode, we explore different methods to invest, including various retirement accounts and 529 college savings accounts, and how to decide whether to save for yourself or your children when money is tight. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, February 13, 2023

When to Merge Finances — or Not

At a certain point in your relationship, merging your finances can feel like a natural step … or not. To start this episode, hosts Sean Pyles and Sara Rathner talk about why combining your finances with a partner isn’t always a great idea. Then Sean is joined by Nerds Liz Weston and Kim Palmer to answer a listener's question about how to manage multiple credit card accounts when merging finances. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 16:14 Money Question segment: 16:15- - 32:51 Like what you hear? Please leave us a review and tell a friend.

Fri, February 10, 2023

‘The Color of Wealth’: The Emotional Trade-Offs of Wealth Building

Sometimes anger is the best response to finding out you’ve been deprived of an opportunity. The steps you take from there may require research – and trade-offs. In this episode of our “Color of Wealth” series, personal finance Nerd Elizabeth Ayoola talks with Dasha Kennedy, founder of the financial advocacy group The Broke Black Girl, about how to balance emotions and building wealth. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, February 08, 2023

Money News: Student Debt Cancellation at the Supreme Court

This month the Supreme Court will hear cases to decide the fate of those hoping for federal student debt cancelation.  In this Money News episode of the podcast, hosts Sean Pyles and Anna Helhoski give you the rundown on those cases — including whether debt cancellation is likely to be upheld and when you might have to restart payment on your student loans. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, February 06, 2023

ChatGPT vs. the Nerds, and Rental Properties

Artificial intelligence tools like ChatGPT are making headlines — but can they be trusted to give personal finance advice? To kick off this episode, Sean Pyles and Liz Weston have ChatGPT answer some common money questions.  Then Liz and regular Smart Money host Sara Rathner answer a listener’s question about how to make money from investment properties. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Also, we are running a book sweepstakes ahead of our next Book Club episode! In February, we're talking with Axton Betz-Hamilton, author of "The Less People Know About Us: A Mystery of Betrayal, Family Secrets and Stolen Identity,” a book about what happens when the person who steals your identity is a family member.  To enter for a chance to win our book giveaway, send an email to podcast@nerdwallet.com with the subject: "Book Sweepstakes" during the sweepstakes period. Entries must be received by 11:59 p.m. PST on Feb. 16, 2023. Include the following information: your first and last name, email address, ZIP code and phone number. For more information, please visit our official sweepstakes rules page . Timestamps: This Week in Your Money segment: 0:00 - 10:30  Money Question segment: 10:31 - 36:31  Like what you hear? Please leave us a review and tell a friend.

Thu, February 02, 2023

‘The Color of Wealth’: Overcoming Structural Challenges

Black women face distinct challenges when building wealth. So what can they do about it? To kick off this new series, “The Color of Wealth,” NerdWallet writer Elizabeth Ayoola talks with Washington Post personal finance columnist Michelle Singletary about what Black women and mothers can do individually to grow their wealth. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, January 30, 2023

No-Spend Month 2.0, and Recovering From Credit Damage

A no-spend month is a chance to retool your relationship with how you spend money — and tuck away some extra cash. To start this episode, Sean Pyles and Liz Weston talk about how they’re approaching the no-spend-month challenge this year. Then they answer a listener’s question about how to recover from damage to their credit, including how to land an apartment or get a car loan. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Also, we are running a book sweepstakes ahead of our next Book Club episode! In February, we're talking with Axton Betz-Hamilton, author of "The Less People Know About Us: A Mystery of Betrayal, Family Secrets and Stolen Identity,” a book about what happens when the person who steals your identity is your own family member. To enter for a chance to win our book giveaway, send an email to podcast@nerdwallet.com with the subject "Book Sweepstakes" during the sweepstakes period. Entries must be received by 11:59 p.m. PST on Feb. 16. Include the following information: your first and last name, email address, ZIP code and phone number. For more information, please visit our official sweepstakes rules page. Timestamps: This Week in Your Money segment: 0:00 - 10:59  Money Question segment: 11:00 - 22:53  Like what you hear? Please leave us a review and tell a friend.

Thu, January 26, 2023

Your Money in 2023: Managing Uncertainty

Uncertainty is the new normal. So, what can you do about it? In this episode, hosts Sean Pyles, Liz Weston and Sara Rathner talk about how to improve your financial resilience, including savings strategies, setting your mindset and leaning on your community. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, January 23, 2023

Data Breaches, and Catching Up on Retirement Savings

A number of high-profile companies have reported data breaches recently. That means we have to be extra vigilant to secure our information. To start this episode, Sean Pyles and Liz Weston talk about the breaches and how you can protect yourself.  Then they answer a listener’s question about how to catch up on retirement contributions — including whether you can open an LLC to contribute with no limits.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Also, we are running a book sweepstakes ahead of our next Book Club episode! In February, we're talking with Axton Betz-Hamilton, author of "The Less People Know About Us: A Mystery of Betrayal, Family Secrets and Stolen Identity,” a book about what happens when the person who steals your identity is your own family member.  To enter for a chance to win our book giveaway, send an email to podcast@nerdwallet.com with the subject: "Book Sweepstakes" during the sweepstakes period. Entries must be received by 11:59 p.m. PST on Feb. 16. Include the following information: your first and last name, email address, ZIP code and phone number. For more information, please visit our official sweepstakes rules page. Timestamps: This Week in Your Money segment: 0:00 - 10:08  Money Question segment: 10:09 - 28:14  Like what you hear? Please leave us a review and tell a friend.

Thu, January 19, 2023

Your Money in 2023: Homebuying and Selling

What can the housing market of 1981 teach us about 2023? A lot, apparently.  In this episode, Sean Pyles and Liz Weston talk about what would-be home buyers and sellers should think about this year — including how the past can inform the present, whether a housing crash is imminent and how to navigate the new twists of the market in 2023. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, January 16, 2023

The Art of Complaining, and Saving for Your Kids’ Future

Getting a hold of customer service representatives can be a nightmare. Working with them to actually solve your problems can be even less fun. To start this episode, Liz Weston and Sara Rathner talk about the art of complaining. Then Liz and regular Smart Money co-host Sean Pyles answer a listener’s question about how to save for your kids’ future — whether they go to college or not. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 10:58  Money Question segment: 10:59 - 28:11  Like what you hear? Please leave us a review and tell a friend.

Fri, January 13, 2023

Your Money in 2023: Investing in the Stock Market

The stock market had a rough year in 2022. But for the savvy investor, the market downturn meant a big opportunity. And that good fortune could continue in 2023.  In this episode, Sean Pyles and Liz Weston talk about investing in 2023, including the lessons of the past year, ideas for investing in a recession, and how to find the right investment tools for your financial goals. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, January 11, 2023

Retirement Changes You May Have Missed

Important changes are coming to how you can save for retirement — including one that will allow your student debt payments to count toward retirement contributions.  In this episode, Sean Pyles and Anna Helhoski run through the retirement benefits that were passed by Congress at the end of last year and when those changes go into effect.   To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, January 09, 2023

January Money Moves, and Paying Off Your Mortgage Early

What are you doing to improve your money in the new year? If you’re not sure where to start, we have some ideas. To kick off this episode, Sean Pyles and Liz Weston talk through ways to start off the new year right financially. Then they answer a listener’s money question about whether they should pay off their mortgage early — or just go on more vacations. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 11:25  Money Question segment: 11:26 - 28:17  Like what you hear? Please leave us a review and tell a friend.

Thu, January 05, 2023

Your Money in 2023: Use Your Values to Set Your Goals

Setting money goals in the new year is a time-honored tradition. But ditching them after a month (or a week) is all too common. This year, use your values to guide your financial ambitions. In this episode, Sean Pyles and Liz Weston discuss how you can set goals you’ll actually keep in 2023 — and what to do if you still need ideas for your money this year.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, January 02, 2023

Student Loans and the Cancellation Debate, Part 1

Student loans are a tool, as well as a dreaded financial reality, for most Americans who attend college. In this two-part Nerdy Deep Dive into student loans, Sean and student loans Nerd Anna Helhoski explore how taking on huge amounts of student debt has become the norm in America. They also discuss what’s shifting now in today’s student debt conversation.  In Part 1, we trace the origins of student loan debt and how college got so expensive. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, December 26, 2022

Single-Income Couples, and When to Use Your HSA and FSA

Going from a two-income household to a one-income household is not solely a financial challenge. But this change also creates opportunities to strengthen your relationship and set clear expectations. To start off this episode, Sean and Liz discuss how to manage finances in a one-income household. Then Sean and Liz answer a listener’s money question about using HSAs and FSAs. Both can cover health care expenses, but only one can be used as an investment vehicle.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 10:45  Money Question segment: 10:46 - 21:17  Like what you hear? Please leave us a review and tell a friend.

Mon, December 19, 2022

What We Learned About Our Money in 2022

A lot can happen to your finances in a year. Raises, curveball expenses, luxurious vacations. Each step along your money journey in 2022 has its own lesson. And in this episode, Sean Pyles and Liz Weston look back at the year that was and celebrate what our listeners did with their money during the year — and what they’re most excited about in 2023.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, December 12, 2022

Rising Interest Rates, and Budgeting With Apps

The Fed is poised to raise interest rates — again. To kick off this episode, Sean Pyles and Liz Weston talk about who’s actually hurt when the Fed raises rates and what you can do about it. Then they answer a listener’s question about which budgeting apps are the best and whether you might want to use multiple budgeting apps to track your money.  Also, next year, the Smart Money team wants to talk with you , on the podcast, to answer your money questions. We’ll be able to explore what’s really driving your money questions, provide even Nerdier information and help you make even smarter decisions with your money.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 8:59  Money Question segment: 9:00 - 30:33  Like what you hear? Please leave us a review and tell a friend.

Fri, December 09, 2022

How to Find the Humor in Money Management With Joe Saul-Sehy

Talking about money doesn’t have to be boring. In this episode of our Nerdy Book Club series, NerdWallet writer Kimberly Palmer talks with former financial advisor Joe Saul-Sehy, co-author of “Stacked: Your Super-Serious Guide to Modern Money Management” and co-host of “The Stacking Benjamins Show” podcast, about setting money goals, recovering from big financial mistakes and how to have a good time while figuring out your finances.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, December 07, 2022

Money News: What the Jobs Report and Recent Layoffs Mean for You

The job market is strong — but thousands of workers have been laid off in recent months. So, what’s happening? And what does this mean for the labor market in 2023? In this episode, Sean Pyles and Anna Helhoski talk about the latest jobs report with NerdWallet data writer Liz Renter, including why the job market is so weird right now and what it means for you.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, December 05, 2022

The End of Credit Card Rewards, and When to Cancel Luxury Credit Cards

Credit card rewards programs might be on the chopping block in Congress. To start off this episode, Sean Pyles and Liz Weston talk with a credit card Nerd about what’s happening and what it might mean for your credit card rewards. Then Sean is joined by personal finance Nerd Kim Palmer to answer a listener’s question about when to cancel a luxury credit card. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 11:29  Money Question segment: 11:30 - 28:08  Like what you hear? Please leave us a review and tell a friend.

Mon, November 28, 2022

Questioning the 50/30/20 Budget and Company Stock

The 50/30/20 budget is a simple way to organize your finances. But as rent prices soar and inflation impacts everything from gas to groceries, does this budget still make sense? To start this episode, Sean and Liz discuss the merits — and limits — of the 50/30/20 budget. Then they answer a few listeners’ questions about navigating company stock. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Also, for a special end-of-year episode, we want to hear your financial rose, thorn and bud of 2022 — aka the best and worst thing that happened with your money this year, and what you’re most excited for in the new year. Leave us a message on the Nerd hotline, or email podcast@nerdwallet.com .  Timestamps: This Week in Your Money segment: 0:00 - 8:28 Money Question segment: 8:29 - 27:14

Mon, November 21, 2022

Crypto Crash, and Growing Money Fast

Shockwaves rippled through the crypto world with the collapse of the crypto exchange FTX. To start off this episode, Sean Pyles and Liz Weston discuss what happened — and what it might mean for your finances. Then Sean talks with personal finance Nerds Kim Palmer and Kate Wood about how to grow your money quickly ahead of home improvement projects.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Also, for a special end-of-year episode, we want to hear your financial rose, thorn and bud of 2022 — aka the best and worst thing that happened with your money this year, and what you’re most excited for in the new year. Leave us a message on the Nerd hotline, or email podcast@nerdwallet.com .  Timestamps: This Week in Your Money segment: 0:00 - 8:17  Money Question segment: 8:18 - 30:50  Like what you hear? Please leave us a review and tell a friend.

Mon, November 14, 2022

Outsmart Scammers, and Waiting to Save for Retirement

Scammers alleging to help you cancel your student debt are coming for you — whether you actually have student debt or not. To kick off this episode, Sean Pyles and Liz Weston walk you through how to outsmart these fraudsters.  Then Sean and Liz are joined by their regular co-host, Sara Rathner, to talk about how you can save for retirement when your employer makes you wait to access its retirement plan. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Also, we’re working on a special end-of-year episode — and we need your help. We want to hear your financial rose, thorn and bud of 2022. What does that mean? Share the best thing that happened to you this year, a struggle you encountered, and what you’re most looking forward to in the new year.  Timestamps: This Week in Your Money segment: 0:00 - 12:21  Money Question segment: 12:22 - 37:01  Like what you hear? Please leave us a review and tell a friend.

Mon, November 07, 2022

When Your Bank Stiffs You, and Co-Signing Risks

Is your bank holding out on you? If you haven’t checked on your savings accounts lately, you should — or risk losing out on money you could be earning. In this episode, hosts Liz Weston and Sean Pyles talk about how Liz discovered her supposedly high-yield savings account was anything but. Then Sean is joined by personal finance Nerds Kim Palmer and Sara Rathner to discuss whether you should put your credit on the line to help a loved one by co-signing.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 6:08  Money Question segment: 6:09 - 23:47  Like what you hear? Please leave us a review and tell a friend.

Mon, October 31, 2022

Financial Fears, and Do You Need Life Insurance?

Fear can control your life — if you let it. And when it comes to financial fears, what haunts you can mean the difference between a life of prosperity and one of anxiety.  To start off this episode, Sean Pyles and Liz Weston talk about their financial fears — and how you can overcome your own. Then they answer a listener’s money question about whether they should get life insurance, even if they don’t have children. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 10:42  Money Question segment: 10:43 - 27:18  Like what you hear? Please leave us a review and tell a friend.

Thu, October 27, 2022

How the Nerds Do It: How a Student Loans Nerd Paid Off Her Debt

Paying off student debt isn’t easy — even for a Nerd who writes about it. In this episode of our “How the Nerds Do It” series, student loans Nerd Anna Helhoski talks about how she paid off her debt, the challenges she faced along the way and how you can find the fastest and most affordable way to resolve your student loans.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, October 24, 2022

Black Friday Is Canceled, and How to Get Holiday Travel Deals

Black Friday isn’t the shopping extravaganza it once was. With rolling deals from major retailers, you might be able to get the best price for items on your list weeks — or months — before Nov. 25 rolls around. To kick off this episode, Sean Pyles and Anna Helhoski talk with personal finance Nerd Amanda Barroso about how to approach holiday shopping this year. Then Sean hosts a roundtable discussion with the Travel Nerds about how you can find the best prices when traveling over the holidays, including whether it’s better to drive or fly and how to combat credit card point inflation. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 12:28  Holiday Travel Roundtable: 12:29 - 34:52  Like what you hear? Please leave us a review and tell a friend.

Fri, October 21, 2022

How the Nerds Do It: How a Mortgage Nerd Bought a House

Buying a house takes grit, know-how — and, frankly, a good amount of cash. In this episode of our “How the Nerds Do It” series, mortgage Nerd Kate Wood talks about how she bought her first home, and why she almost fell for a house with a poisoned well. Kate also gives you her tips for buying a house, including the importance of finding a real estate agent whom you can trust.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Wed, October 19, 2022

Money News: How to Cancel Your Student Debt

 It’s finally here: The application to cancel up to $20,000 of your federal student loan debt is live.  In this episode, Sean Pyles is joined by student debt and breaking news Nerd Anna Helhoski to walk through the debt cancellation application in real time. They also talk about scams and when you can expect your debt to be canceled.  Call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com to send the Nerds your money questions. Like what you hear? Please leave us a review and tell a friend.

Mon, October 17, 2022

Zelle Scams, and When to Sell Investments

It’s Cybersecurity Awareness Month. Do you know where your passwords are? To start off this episode, Sean Pyles and Sara Rathner discuss the risks of peer-to-peer payment apps. Then they talk about the one thing you should do this month to protect yourself online. In this episode’s money question segment, Sean and Liz Weston answer a listener’s question about when to sell stock — and when buy-and-hold might be too much of a good thing.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 10:05  Money Question segment: 10:08 - 28:26  Like what you hear? Please leave us a review and tell a friend.

Thu, October 13, 2022

How the Nerds Do It: How a Travel Nerd Books a Trip

Points or cash. Bargain hunting or splurging. Deep research or impulse booking. A lot can go into booking the perfect vacation.  In this episode of our “How the Nerds Do It” series, travel Nerd Sam Kemmis talks through how he books his vacations and how you can get into the points game yourself.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, October 10, 2022

Money Hot Takes, and Too Many Credit Cards

It’s time for some money hot takes. To start off this episode, Sean and Liz share their (maybe unpopular) opinions about personal finance topics. Sean goes off about why buy now, pay later loans aren’t all they’re cracked up to be. And Liz shares her thoughts on how the credit bureaus can fix the way they handle your data.  Then they answer a listener’s money question about when you might have too many credit cards — and what to do about it if you do.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 12:33  Money Question segment: 12:35 - 35:17 Like what you hear? Please leave us a review and tell a friend.

Thu, October 06, 2022

How the Nerds Do It: How an Investing Nerd Maxed Out Her Roth IRA

Saving for retirement can be a challenge for anyone — even our Nerds.  To kick off a new series called “How the Nerds Do It,” Sean talks with investing Nerd Alana Benson about how she maxed out her retirement account. Alana explains what finally made her able to invest and her unique strategy for funding her Roth IRA. She also gives tips to make the most of your retirement savings.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, October 03, 2022

What the Fed News Means for You, and Choosing a New Bank

The Fed has been in the news a lot lately, raising interest rates and causing recession fears. But what, exactly, do the interest rate hikes mean for various parts of your finances, like your savings and credit cards? We give you the rundown to start off this episode. Then we answer a listener’s money question about how to choose a new bank — including how to find one that fits your family’s needs.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 10:02  Money Question segment: 10:03 - 26:33  Like what you hear? Please leave us a review and tell a friend.

Mon, September 26, 2022

Beating Money Procrastination, and When to Unfreeze Credit

Sometimes checking things off your financial to-do list can be a real slog. If you find yourself procrastinating, know that you have plenty of company.  To start off this episode, Sean and Liz talk about how to overcome money procrastination. Then they answer a few recent listener questions about student debt cancellation. And in this episode’s money question segment, they talk about when to unfreeze your credit.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 10:41  Money Question segment: 10:42 - 29:56 Like what you hear? Please leave us a review and tell a friend.

Mon, September 19, 2022

Fall Money Tasks, and Saving Enough to Retire

As we head into fall, is your money where you want it to be? To start off this episode, Sean and Liz give you a few easy money tasks so you can end the year right. Then they answer a listener’s money question about how to save enough money to retire — including when to start spending what you’ve saved up. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com .

Thu, September 15, 2022

Live From Las Vegas!

The smart way to lose your money gambling, whether now is a good time to invest and how to manage a big financial gift. In the first-ever live episode of the podcast — recorded at a NerdWallet conference in Las Vegas this summer — Sean and Sara cover these topics and more. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, September 12, 2022

Student Debt Cancellation News, and Money 101

The dust is settling after President Biden announced his student debt cancellation and repayment plan. But there are still a number of unknowns. This episode, Sean, Liz and Sara talk about the latest debt cancellation news, including new scams that are popping up.  Then they answer a listener’s question about the best way to set up their finances for long-term success. At the end of the episode, they give their tips for the best investments you can make in yourself.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com .

Mon, September 05, 2022

Protecting Your Privacy, and Front-Loading a 401(k)

Maxing out a 401(k) is a great step toward saving for retirement, but have you ever thought about front-loading your plan? In this episode, hosts Sean Pyles and Liz Weston talk with investing Nerd Alana Benson about the pros, cons and potential pitfalls of front-loading your employer-sponsored retirement plan.  Sean and Liz also talk about how to protect your privacy from companies that want to (literally) track your every move.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373, or email podcast@nerdwallet.com .

Mon, August 29, 2022

How to Manage Medical Debt with Emily Maloney

Medical debt can be confusing and, for some, financially debilitating. In this episode of the Nerdy Book Club series, NerdWallet writer Kim Palmer talks with author Emily Maloney about her personal experience with the health care system — both as an ER worker and a patient. Maloney also sheds light on how quickly medical costs can spiral out of control.  In her book of essays, “Cost of Living,” Emily Maloney shares how, after accumulating thousands of dollars of debt, she eventually gets free of it and suggests ways that those currently weighed down by medical debt can do the same. She also offers insight into the debt collection process in light of recent changes. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, August 22, 2022

Booking a Dream Disney Vacation for Cheap

Disney theme parks are some of the most magical places on Earth. But vacation-wise, they can also be some of the most expensive. From tickets to lodging and food, you can easily spend thousands of dollars on a Disney trip.  This episode, Sean and Liz talk with NerdWallet travel writer Sally French about how she booked her dream Disney vacation for cheap — and how you can, too. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com .

Mon, August 15, 2022

Investing for Your Dream Life

Building wealth over your life takes planning — and know-how. This episode, Sean and Liz talk with Angel Grace, a DIY YouTuber who wants to set her family up for success over the long term by investing and saving for her son’s college education. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, August 08, 2022

What the Heck Is Crypto, Anyway?

You’ve heard of crypto, but do you really know what it is? Do you think you could explain it to a family member who is totally clueless about this newfangled digital money?  In this episode, NerdWallet crypto writer Andy Rosen attempts to explain crypto to his aunt and uncle, including what drives its valuation, how the underlying technology works and what to consider before investing in any digital currency.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, August 01, 2022

Answering Kids’ Money Questions: Where Does Money Come From?

Kids aren’t known for having a lot of financial decisions to make, but that doesn’t mean they’re not curious about it.  This episode we take on a couple of kids’ money questions that get at some of the more existential aspects of money. Namely, where does money come from, and where does it go? And when you have it, how much should you spend?  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, July 28, 2022

Nerdy Business: Building a Brick-and-Mortar Business

Opening a brick-and-mortar business isn’t for the faint of heart. This episode, Sean and small-business Nerd Rosalie Murphy interview Uyen Le. Le owns Beauty Bar, a full-service beauty salon with two locations in Colorado Springs. Le walks us through the ups and downs of securing financing to open her first location, getting a liquor license, hiring and growing her employees and weathering the COVID-19 pandemic.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, July 25, 2022

Questioning the 50/30/20 Budget and Company Stock

The 50/30/20 budget is a simple way to organize your finances. But as rent prices soar and inflation impacts everything from gas to groceries, does this budget still make sense? To start this episode, Sean and Liz discuss the merits — and limits — of the 50/30/20 budget. Then they answer a few listeners’ questions about navigating company stock. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 7:44  Money Question segment: 7:45 - 26:32

Thu, July 21, 2022

Nerdy Business: Building the Right Team

Starting a successful business means building the right team — and knowing when not to cut corners when hiring employees and partners.  This episode, Sean and small-business Nerd Rosalie Murphy talk with Mariyah Saifuddin, co-owner of IT consulting firm Innovative Solution Partners. She shares what she’s learned over 20 years in business, from choosing the right vendors to continually diversifying your customer base. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, July 18, 2022

Summer Travel Tips and Conflicting Financial Priorities

Flight cancellations, rising gas prices and a surge of travelers — this year, summer travel might be more expensive (and headache-inducing). To start this episode, Sean and Liz share their tips for making the most of summer travel this year. Then they answer a listener’s question about how to balance conflicting financial priorities. 

Thu, July 14, 2022

Nerdy Business: Setting Your Business Up for Success

Taking a side gig to a full-time job is a big — and daring — jump.  This episode, Sean and small-business Nerd Rosalie Murphy kick off the new Nerdy Business series, where they interview business owners about how they got to where they are today and the lessons they have for other entrepreneurs.  Sean and Rosalie talk with Theresa E. Gonzales, owner of 5-E Leadership and Marketing and host of the podcast “ Latinas From the Block to the Boardroom .” She discusses how she identified a target market and leveraged her expertise to grow her consulting work into a full-time business. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, July 11, 2022

Why Are Homes Pricey in the U.S. and Abroad?

The home affordability crisis isn’t just an issue in the United States. This episode, Sean hosts a roundtable discussion with Nerds from Canada, the U.K. and the U.S. to explore what is driving up home prices in each country — and what consumers can do about it. Our countries might have more in common than you think.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Also, we are running a book sweepstakes ahead of our next Book Club episode. In August, we're talking with Emily Maloney, author of "Cost of Living," a series of essays based on her own experiences about the cost of health care and medical debt.  To enter for a chance to win our book giveaway, send an email to podcast@nerdwallet.com with the subject: “Book Sweepstakes” during the Sweepstakes Period. Entries must be received by 11:59 p.m. PDT on July 20. Include the following information: your first and last name, email address, ZIP code and phone number. For more information, please visit our official sweepstakes rules page . Like what you hear? Please leave us a review and tell a friend.

Mon, July 04, 2022

Nerdy Deep Dive: Investing 101, Part 1

You know you should start investing, but do you know the best way to get started? In the first episode of a three-part deep dive into investing, hosts Sean Pyles and Alana Benson explore how to get into the investing mindset, do a bit of myth-busting around investing and discuss how to actually get started. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Thu, June 30, 2022

Queer Money Talk

LGBTQ+ people face a number of unique personal finance challenges, including higher rates of poverty and a wage gap. As a wave of anti-LGBTQ+ legislation is enacted across the country, how can members of this community protect their money to strengthen their personal resilience?  This episode Sean and Liz talk with David Auten and John Schneider, also known as the Debt Free Guys and hosts of the Queer Money Podcast, about how LGBTQ+ people can improve their personal finances while following their morals. David and John also talk about their experience paying off credit card debt. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, June 27, 2022

Small Business Inflation, and Sign-Up Bonuses

Inflation is hitting everyone’s budgets — including those of small-business owners. To kick off this episode, Sean and Liz talk about how inflation is impacting small businesses, and how you can still shop local as prices climb. Then they answer a listener’s question about the smart way to earn sign-up bonuses while protecting your credit score. Also, we’re running a short, two-question survey. Please share your feedback to help us improve the show for you . To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 10:33  Money Question segment: 10:34 - 28:03  Like what you hear? Please leave us a review and tell a friend.

Thu, June 23, 2022

Taking On the Racial Wealth Gap

The racial wealth gap was created and reinforced over centuries. Can it be solved in our lifetime? In this episode, Sean and Liz talk with journalist Kimberly Atkins Stohr about her series for The Emancipator about solving the racial wealth gap.   To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, June 20, 2022

What's Up With Eggs, and Home Improvement Projects

Eggs — why are they so expensive right now, and what can you do about it? To start this episode, Sean and Liz crack open the factors driving up egg prices at the moment. They also share their tips for making groceries more affordable at the moment, including whether you should start your own chicken coop.  Then they talk about how to approach home improvement season in 2022. Materials and contractors can be expensive and hard to come by, so you might need to get creative to accomplish your goals.  Also, we are running a short, two-question survey. Please share your feedback to help us improve the show for you . To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 9:55  Home Improvement Season segment: 9:56 - 29:37  Like what you hear? Please leave us a review and tell a friend.

Thu, June 16, 2022

Nerdy Deep Dive: How to Reduce Child Care Costs

Child care can be a strain on many families’ budgets — but there are opportunities for you to minimize the cost.  In Part 2 of this Nerdy deep dive, we talk with two of our own Nerds to highlight existing financial resources for parents at the federal and state level. We also discuss personal finance strategies that can help parents think long term, even if money is tight at the moment.   To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, June 13, 2022

Recession Prep, and Lightning Round Money Questions

A recession is (maybe) imminent. To start off this episode, Sean and Liz talk about how to prepare for a recession, including how to think about investing. Then they answer a number of your questions in a lightning round. This time they talk about how to grow money, buying cars and travel credit cards. Also, we are running a short, two-question survey. Please share your feedback to help us improve the show for you . To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 9:32  Money Question segment: 9:33 - 30:40 Like what you hear? Please leave us a review and tell a friend.

Thu, June 09, 2022

Nerdy Deep Dive: Why is Child Care So Expensive?

Child care costs are pushing budgets to the brink. In the first episode of this two-part Nerdy deep dive, we go behind the scenes to untangle one of the largest budget items for many families.  By listening to this series, parents and listeners of all stripes will become more aware of the system and know how to take advantage of supports that currently exist — while the fight for widespread policy changes continues. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, June 06, 2022

Giving Family Money, and What's Happening with Inflation

Your family or friend needs money in a pinch. Do you help them out, or tell them to look elsewhere for cash? To start this episode, Sean and Liz discuss different approaches to giving loved ones money. Then they talk about all things inflation — what’s driving it and when it might slow down — with Darian Woods from NPR’s podcast “The Indicator from Planet Money.”  Also, we are running a short, two-question survey. Please share your feedback to help us improve the show for you . To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 12:02  Conversation about inflation with Darian Woods from NPR’s “The Indicator from Planet Money”: 12:03 - 30:05  Like what you hear? Please leave us a review and tell a friend.

Mon, May 30, 2022

Get Creative About Money With Paco de Leon

If traditional money advice doesn’t work for you, then you might want to consider a more creative approach.  In this episode, personal finance Nerd Kim Palmer talks with Paco de Leon, author of the new personal finance book, “Finance for the People.” She is also an illustrator, musician and founder of a financial education firm and bookkeeping agency. De Leon shares how to take a visual and creative approach to budgeting and making money decisions, including why — and how — to write a letter to your own debt.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, May 26, 2022

Nerdy Travel Diaries: Use Points to Fly in Luxury

You can fly abroad in business class on points alone — if you know how to play the points game. To wrap up our Nerdy Travel Diaries series, Liz talks with travel Nerd Elina Geller about her strategy for booking international business class flights.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, May 23, 2022

Fruitful Yard Sale, and When Not to Refinance

Want to get rid of your junk and earn a buck? To start off this episode, Sean and Liz give you tips for a successful yard sale, including how to make your wares look more appealing to buyers and how to price items.  Then they answer a listener’s money question about when it doesn't make sense to refinance a mortgage.  Send the Nerds your money questions by calling or texting the Nerd hotline at 901-730-6373. You can also email your voice memos to podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 13:00 Money Question segment: 13:01 - 29:12  Like what you hear? Please leave us a review and tell a friend.

Thu, May 19, 2022

Nerdy Travel Diaries: Getaway to Costa Rica

After two years of sitting on credit card points and staying at home, you might be in a great position to book some luxurious international travel.  In this episode of our Nerdy Travel Diaries series, Sean talks with NerdWallet travel editor Kevin Berry about his recent trip to an all-inclusive luxury resort in Costa Rica that he booked with points. They also discuss how you can use points to book your own international vacation.  To send your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, May 16, 2022

New Student Debt, and a Couple's Money Baggage

Student debt cancellation may be on the horizon. But a new generation of graduates is set to take on another load of burdensome debt. To start off this episode, Sean and Liz talk with NerdWallet data writer Liz Renter about her new report on the debt high school graduates may face — and how they can mitigate it. Then Sean and Liz answer a listener’s question about how to get past the money baggage in their relationship and manifest an exceptional financial future together. To send the Nerds your money questions, email a voice memo to podcast@nerdwallet.com . You can also leave a voicemail or text us on Nerd hotline at 901-730-6373. Timestamps: This Week in Your Money segment: 0:00 - 8:20  Money Question segment: 8:21 - 28:08  Like what you hear? Please leave us a review and tell a friend.

Thu, May 12, 2022

Nerdy Travel Diaries: Scrimping and Splurging in Japan

Traveling to Japan can be both expensive and intimidating — but it doesn’t have to be. In this episode of our Nerdy Travel Diaries series, NerdWallet travel writer Sam Kemmis shares how he crafted a vacation in Tokyo that included both luxury amenities and cost-saving travel hacks. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, May 09, 2022

Bitcoin 401(k)s and Choosing the Best Crypto

Crypto is coming to 401(k) accounts. Should you add it to your portfolio? And which crypto is the best to invest in right now?  In this episode, Liz and Sara discuss how to think about investing in crypto, including how to understand which type will help you reach your financial goals.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 8:56  Money Question segment: 8:57 - 22:41 Also, we have a callout for parents who listen to Smart Money. We are working on a new series about the cost of child care, and we want to know: How are you paying for child care? Where does it fit in your budget? And have you had to make sacrifices to make these costs work?  Leave a voicemail on the Nerd hotline at 901-730-6373, or email a voice memo to podcast@nerdwallet.com . Tell us how you're making child care costs work for you and your family.

Thu, May 05, 2022

Nerdy Travel Diaries: Weightlifting in New Mexico

The Travel Nerds know how to get the most from any trip — whether they’re staying in a luxury hotel on credit card points or finding the best airfare.  To kick off this Nerdy Travel Diaries series, NerdWallet travel writer Sally French shares how she saved money on a trip to New Mexico for a weightlifting meet. One tip? Make sure you know where your credit card points have the most value.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, May 02, 2022

Small Business Benefits, and Buying a Hybrid

Shopping at small businesses may offer more benefits than you know, including access to exclusive deals and insider information. To start this episode, Sean and Liz talk about the benefits of shopping at small businesses.  Then they answer a listener’s money question about whether switching to a hybrid vehicle is a smart financial move right now.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 10:14  Money Question segment: 10:15 - 31:07  Also, we have a callout for parents who listen to Smart Money. We are working on a new series about the cost of child care, and we want to know: How are you paying for child care? Where does it fit in your budget? And have you had to make sacrifices to make these costs work?  Leave a voicemail on the Nerd hotline at 901-730-6373, or email a voice memo to podcast@nerdwallet.com . Tell us how you're making child care costs work for you and your family.

Mon, April 25, 2022

Protecting Your Privacy, and Front-Loading a 401(k)

Maxing out a 401(k) is a great step toward saving for retirement, but have you ever thought about front-loading your plan? In this episode, hosts Sean Pyles and Liz Weston talk with investing Nerd Alana Benson about the pros, cons and potential pitfalls of front-loading your employer-sponsored retirement plan.  Sean and Liz also talk about how to protect your privacy from companies that want to (literally) track your every move.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373, or email podcast@nerdwallet.com .

Thu, April 21, 2022

Student Debt Cancellation Debate, Part 2

Is student loan cancellation the key to liberating those crushed under burdensome debt, or a potentially-ineffective political ploy?  In this two-part Nerdy Deep Dive into student loans, Sean and student loans Nerd Anna Helhoski explore how taking on huge amounts of student debt has become the norm in America. They also discuss what’s shifting now in today’s student debt conversation.  In Part 2, we speak with two experts — each falling on one side of the student debt cancellation debate. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, April 18, 2022

Save Money at Weddings, and Vetting Mortgage Lenders

Wedding season is picking up steam. Are you — and your budget — ready? To kick off this episode, Sean and Liz talk about how you can save money attending weddings this year. Then Sean and Liz answer a listener’s question about the risks of going with the mortgage lender your real estate agent recommends.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 10:57  Money Question segment: 10:58 - 30:35  Like what you hear? Please leave us a review and tell a friend. Also, we are running a sweepstakes ahead of our new Nerdy Book Club series. You can enter for a chance to win Paco de Leon’s book “Finance for the People: Getting a Grip on Your Finances” by emailing podcast@nerdwallet.com with the subject "Book Sweepstakes” during the Sweepstakes Period, which ends at midnight PST on April 20, 2022. Include the following information: your first and last name, email address, ZIP code and phone number. Check out our book club page for more info .

Thu, April 14, 2022

Student Loans and the Cancellation Debate, Part 1

Student loans are a tool, as well as a dreaded financial reality, for most Americans who attend college. In this two-part Nerdy Deep Dive into student loans, Sean and student loans Nerd Anna Helhoski explore how taking on huge amounts of student debt has become the norm in America. They also discuss what’s shifting now in today’s student debt conversation.  In Part 1, we trace the origins of student loan debt and how college got so expensive. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, April 11, 2022

3 Money Tasks for Spring, and Alternative Debt Payoff Options

With spring in the air, money tasks might be the last thing on your mind. To kick off this episode, Sean and Liz talk about three easy tasks to knock out so you can have your money on track while you go enjoy the warmer weather.  Then they answer a listener’s question about different ways to take care of their debt. Some routes can save you time and money — others can make a difficult situation worse.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 9:14  Money Question segment: 9:15 - 25:54 Like what you hear? Please leave us a review and tell a friend. Also, we are running a sweepstakes ahead of our new Nerdy Book Club series. You can enter for a chance to win Paco de Leon’s book “Finance for the People: Getting a Grip on Your Finances.” by emailing podcast@nerdwallet.com with the subject "Book Sweepstakes” during the Sweepstakes Period, which ends at midnight PST on April 20, 2022. Include the following information: your first and last name, email address, ZIP code and phone number. Check out our book club page for more info .

Mon, April 04, 2022

Using Your Tax Refund, and Is Pet Insurance Worth the Cost?

The windfall of a tax refund can be a boon to your savings, help fund a vacation — and more. To kick off this episode, Sean and Liz talk about different ways to use your tax refund and why you might have to wait awhile for yours.  Then they answer a listener’s money question about whether pet insurance is worth the cost.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 10:27  Money Question segment: 10:28 - 30:25  Like what you hear? Please leave us a review and tell a friend. Also, we are running a sweepstakes ahead of our new Nerdy Book Club series. You can enter for a chance to win Paco de Leon’s book “Finance for the People: Getting a Grip on Your Finances.” by emailing podcast@nerdwallet.com with the subject "Book Sweepstakes” during the Sweepstakes Period. Include the following information: your first and last name, email address, ZIP code and phone number. Check out our book club page for more info .

Mon, March 28, 2022

The Fed Interest Rate Hike, and What’s a Credit Card Authorized User?

The Federal Reserve is raising interest rates. To explore what it means for you, Sean kicks off this episode with a roundtable discussion about how the rate hike could affect mortgages, day-to-day finances and credit cards. Then Sean and Liz answer a listener’s question about how making family members (or friends, for that matter) authorized users on your credit cards can help them boost their credit.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 13:49  Money Question segment: 13:50 - 26:30 

Mon, March 21, 2022

Single-Income Couples, and When to Use Your HSA and FSA

Going from a two-income household to a one-income household is not solely a financial challenge. But this change also creates opportunities to strengthen your relationship and set clear expectations. To start off this episode, Sean and Liz discuss how to manage finances in a one-income household. Then Sean and Liz answer a listener’s money question about using HSAs and FSAs. Both can cover health care expenses, but only one can be used as an investment vehicle.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 10:09  Money Question segment: 10:10 - 20:39  Like what you hear? Please leave us a review and tell a friend. Also, we want to hear from you for an upcoming series about student loans. What would it mean for your life and your finances if your student loans were erased? Or if you’ve already had your debt forgiven, tell us what that did for you. To let us know, please leave a voicemail on the NerdHotline at 901-730-6373 or email a recorded voice memo to podcast@nerdwallet.com .

Thu, March 17, 2022

How I Got Here: Tori Dunlap of Her First $100K

What does it take to save $100K by your mid-20s? Just ask Tori Dunlap, founder of the blog Her First $100K and the “Financial Feminist” podcast. In this episode, Sean interviews Tori about how she got to where she is today, the lessons she learned along the way and her advice for you to make the most of your finances.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, March 14, 2022

Combating Inflation, and Saving for Retirement Amid Climate Change

Gas, groceries and just about everything else are getting more expensive. Sean and Liz share tips for protecting your purchasing power, including cutting expenses and using a savings account that earns interest at the rate of inflation.  Then they answer a listener’s question about whether saving for retirement is worthwhile in the face of the climate crisis and other calamities.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 12:16  Money Question segment: 12:17 - 27:47 Like what you hear? Please leave us a review and tell a friend. Also, we want to hear from you for an upcoming series about student loans. What would it mean for your life and your finances if your student loans were erased? Or if you’ve already had your debt forgiven, tell us what that did for you. To let us know, please leave a voicemail on the NerdHotline at 901-730-6373 or email a recorded voice memo to podcast@nerdwallet.com .

Mon, March 07, 2022

Why to Sell Your House, and Managing Investment Fees

Selling your house right now might sound like a great way to inject unnecessary stress into your life. But it could also be very lucrative, if you do it right. To start this episode, Sean and Liz talk about how and why you might want to sell your house.  Then they answer a listener’s money question about how to manage fees on investment accounts.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 16:11  Money Question segment: 16:12 - 29:13  Like what you hear? Please leave us a review and tell a friend.

Mon, February 28, 2022

The Tax Episode

Taxes: You’ve got questions about ‘em, and we’ve got answers. On this episode, Sean and Liz answer a number of listener money questions about filing taxes this year, including how to navigate capital gains, when to hire a tax pro and knowing what you owe. Sean and Liz also discuss how to reduce your tax obligation through credits and deductions.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend. Timestamps: This Week in Your Money segment: 0:00 - 9:45  Money Question segment: 9:46 - 26:49

Mon, February 21, 2022

Lifestyle Creep, and Booking Cheap Travel

Lifestyle creep — where your growing expenses outpace salary increases — can deflate your budget and prevent you from building wealth. To start this episode, Nerds Sean Pyles and Sara Rathner talk about how to determine if you’re succumbing to lifestyle creep and how to be more intentional about your money, while still enjoying the finer things in life.  Then Sean and Liz Weston answer a listener’s three-part question about whether to pay off student loans while they’re paused, what to do with their savings and how to find the best deals when booking travel. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . If you like what you hear, please leave a review and tell a friend. We appreciate it.

Thu, February 17, 2022

Nerdy Book Club: Building Your Financial Smarts With Bola Sokunbi

Taking charge of your own financial education can help you get ahead and avoid classic money mistakes.  In this episode, personal finance Nerd Kim Palmer talks with money author and educator Bola Sokunbi about her book, “Clever Girl Finance: Ditch Debt, Save Money and Build Real Wealth.” Sokunbi discusses how her mom taught her about money growing up, financial mistakes she made and learned from, and why she says it’s so important to have a side hustle. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, February 14, 2022

Credit Union Perks, and Getting Into the Housing Market

Where you bank can have a big impact on your community. To start off this episode, Sean and Liz talk about the benefits of credit unions, including how they can offer lower rates on loans and higher rates on savings accounts — while keeping your money local.  Then Sean and occasional co-host Sara Rathner answer a listener’s money question about how to get into the housing market. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend. Timestamps: This Week in Your Money segment: 0:00 - 3:46  Money Question segment: 7:08 - 24:30

Mon, February 07, 2022

Stock Market Shakiness, and Car Buying in 2022

Has the recent stock market shakiness left you feeling jittery? To start off this episode, Sean and Liz talk about how you can manage your anxiety — and your portfolio — in moments of volatility. Turns out, sometimes doing nothing is the best thing you can do. Then they answer a listener’s money question about buying a car in 2022, including when the market might calm down a little. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend. Timestamps: This Week in Your Money segment: 0:00 - 10:36  Money Question segment: 10:37 - 27:44

Mon, January 31, 2022

No-Spend Month, and Making Money While Raising Kids

A no-spend month can help you reset your money habits and save cash. To start this episode, Sean and Liz kick off their no-spend month challenge and talk about how you can craft a plan that works for your lifestyle and budget. Then they answer a listener’s question about how to earn more money while raising kids.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend. Timestamps: This Week in Your Money segment: 0:00 - 9:07  Money Question segment: 9:08 - 28:41 Also, we are running a sweepstakes ahead of our new Nerdy Book Club series. You can enter for a chance to win Bola Sokunbi's book "Clever Girl Finance: Ditch Debt, Save Money and Build Real Wealth" by emailing podcast@nerdwallet.com with the subject "Book Sweepstakes” during the sweepstakes period. Include the following information: your first and last name, email address, ZIP code and phone number. Check out our book club page for more info .

Thu, January 27, 2022

Make a Plan to Achieve Your Dreams

Knowing what you want from your life and your money is one thing. Actually knowing how to make it happen is another. In this episode, Sean and Liz interview Andrew DaCosta, a pilot who has sky-high ambitions, but needs some help to get them off the ground.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Enjoying the podcast? Please take a minute to rate and review. We appreciate it.

Mon, January 24, 2022

COVID Tests, and Reversing a Credit Score Drop

Finding (and paying for) COVID tests is overly complicated. This episode, Sean and occasional co-host Sara Rathner start off by talking about how you can navigate getting COVID tests right now. They also talk about avoiding COVID testing scams. Then Sean and Sara answer a listener’s question about how to reverse a credit score drop.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend. Timestamps: This Week in Your Money segment: 0:00 - 8:49  Money Question segment: 8:50 - 24:40 Also, we are running a sweepstakes ahead of our new Nerdy Book Club series. You can enter for a chance to win Bola Sokunbi's book "Clever Girl Finance: Ditch Debt, Save Money and Build Real Wealth" by emailing podcast@nerdwallet.com with the subject "Book Sweepstakes” during the Sweepstakes Period. Include the following information: your first and last name, email address, zip code and phone number. Check out our book club page for more info .

Thu, January 20, 2022

Making Your Dream Life

Living in a van, traveling the country and working wherever you want might sound like an odd dream, but that’s the life NerdWallet travel writer Sam Kemmis designed for himself. To continue our series about financial dreams, Sean and Liz talk with Sam about his experience and his tips for making your dream life. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Mon, January 17, 2022

How Nerds Choose the Best, and Paying for College

Sifting through financial products can be a pain. That’s where NerdWallet comes in. Our Nerds just released the 2022 Best-Of Awards so you can find the best products for your money goals.  To kick off this episode, Sean and Liz talk with the head of the NerdWallet Content team, Hanah Cho, about how you can make the most of the Best-Of Awards and how NerdWallet maintains editorial independence. Then they answer a listener’s question about how to pay for college. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Like what you hear? Please leave us a review and tell a friend.

Thu, January 13, 2022

Saving for Your Dream Retirement

Vacations across the world, spending quality time with your friends and family and — most importantly — not being obligated to work a 9-to-5 job: Your retirement is supposed to be about freedom. Getting to that point takes time, money and focus.  To continue our series about financial dreams, Sean and Liz talk with personal finance YouTuber Marissa Lyda about how she plans to save in 2022 for her dream retirement. They also discuss how she’s made a full-time job out of YouTubing. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Mon, January 10, 2022

New Money Resolutions, and Strategizing Debt Payoff

It’s not too late to make your money resolutions for the new year. To kick off the episode, Sean and Liz discuss why you might want to take time to detail what you want out of your money in 2022. They also give tips to help you achieve your goals.  Then Sean and Liz answer a listener’s question about how to balance paying off debt while achieving other financial goals like saving for a down payment on a house. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Enjoying the podcast? Please take a minute to rate and review. We appreciate it.

Thu, January 06, 2022

Buying Your Dream House

What would you do to buy your dream house? Move across the country? Maybe even purchase it sight unseen? That’s exactly what one Nerd did.  To kick off our series about financial dreams, Sean and Liz talk with a Nerd who bought her dream house. They also discuss how you can buy your dream home, including preparing your finances and mindset for such a big purchase.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com .

Mon, January 03, 2022

Saving at the Pump, and 401(k) Limits

This episode, Sean and Liz share their tips for saving at the pump, including how the way you drive and when you get gas can make a difference. Then they answer a listener’s money question about saving for retirement if your access to a 401(k) or Roth IRA is limited. This is an episode from our archives.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com .

Mon, December 27, 2021

What Our Listeners Accomplished This Year, Part 2

As 2021 comes to a close, we are continuing our celebration of what our listeners accomplished with their money in 2021. Sean and Liz discuss mortgage refinancing, paying down credit card debt, the benefits of scheduling a day for money tasks and more.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com .

Mon, December 20, 2021

What Our Listeners Accomplished This Year, Part 1

 Did you buy a house in 2021? Maybe you got a new job or finally hit a big savings goal. We encouraged our listeners to brag about what they did with their money this year — and so many answered the call that we made two episodes out of it. Sean and Liz also share what they accomplished in 2021.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com .

Mon, December 13, 2021

Countering Uncertainty, and Building Wealth Early

The best time to start building wealth was yesterday. The second best time is today. This episode, Sean and Liz answer a listener’s question about how to start building wealth early.  Before they get into that, Sean and Liz discuss how to counter today's uncertainty. Focusing on the fundamentals and tapping your support system can help.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 9:47  Money Question segment: 9:48 - 20:29

Mon, December 06, 2021

Why to Question Your Bills, and Making the Most of a Raise

Question your bills. Otherwise, you might be paying more  than you need to for things like healthcare, car insurance and even bar tabs. To start off this episode, Liz and Sean talk about how to scrutinize your bills. Then they answer a listener’s money question about how to manage their finances after getting a big raise, including balancing saving for retirement and paying down debt — and how to avoid lifestyle creep. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 7:42 Money Question segment: 7:43 - 24:50

Mon, November 29, 2021

Travel Tips, and Finding the Right Financial Advisors

Traveling during the holidays can be a drag, but it doesn’t have to be. To kick off this episode, Sean and Liz talk about recent trends in holiday travel. They also discuss how they are approaching holiday travel and how to get back in the swing if you’re a little rusty. Then they answer a listener’s money question about how to find the right financial advisors for their needs. Seeking qualified experts is only one part of the puzzle — you should also search for financial advisors who put your interests first.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 13:08 Money Question segment: 13:09 - 32:18

Mon, November 22, 2021

Big Purchases, and Overcoming Money Guilt

On this episode, Liz starts off by talking with credit card Nerd Sara Rathner about how to manage a big expense on a credit card — including how to earn the most points and avoid paying interest. Then Sean joins Liz to answer a listener’s question about overcoming money guilt. To send the Nerds your money questions, call or text the NerdHotline at 901-730-6373 or email podcast@nerdwallet.com .

Mon, November 15, 2021

Holiday Shopping Trends, and Self-Employed Retirement Options

What’s your plan for holiday shopping this year? To kick off this episode, Sean and Liz talk about NerdWallet’s latest holiday shopping report, which explores how shoppers are navigating — and paying for — this unusual holiday season. They also discuss how they’re approaching shopping this year.  Then they answer a listener’s question about retirement account options for self-employed workers. While these workers have a number of options to explore, the choice that is best for them may depend on how many employees they have.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Timestamps: This Week in Your Money segment: 0:00-12:01 Money Question segment: 12:02-23:11

Mon, November 08, 2021

The Benefits of Being Boring with Your Money, and Why to Make a Will ASAP

Your money doesn’t have to be complicated or stressful. To start off this episode, Liz Weston and occasional co-host Sara Rathner discuss the benefits of being boring with your finances. Then, Liz and co-host Sean Pyles answer a listener’s question about whether to make a will, including why setting it up isn’t as complicated — or time consuming — as you might think.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00-10:12 Money Question segment: 10:13-29:07

Mon, November 01, 2021

3 Crypto Questions, and Improving Credit to Buy a House

With crypto back in the news, you might be tempted to climb aboard the hype train. To start this episode, Liz and Sean talk through 3 questions you should ask yourself before jumping into the world of crypto. Then, Sean and Liz answer a listener’s question about how to improve their credit with the goal of buying a house, including whether a balance transfer credit card would help. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00-7:51 Money Question segment: 7:52-23:08

Mon, October 25, 2021

Holiday Shopping Scams, and Paying Off Law School Debt

Scammers are cooking up new ways to swindle your money from you. Two of their tactics this year? Social media ads and hyper-targeted emails. To start this episode, Sean and Liz talk about scams shoppers might encounter this holiday season and how to avoid them. Then they answer a listener’s question about how to pay off $200,000 in student loans. They also touch on the likelihood of student loan forgiveness and recent changes to the Public Service Loan Forgiveness program.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00-8:34 Money Question segment: 8:35-25:23

Mon, October 18, 2021

What People Get Wrong About Credit, and Self-Employed Budgeting

Do you know the right way to manage your credit? To kick off this episode, Sean Pyles and Sara Rathner dig into a few common credit myths — and how people can confidently raise their credit.  Then Sean and Sara answer a listener’s money question about how to get a grip on their budget with an irregular income.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Timestamps: This Week in Your Money segment: 0:00-9:15 Money question segment: 9:16-24:40

Mon, October 11, 2021

Finding a New Job, and Rent vs Buy in a New City

More people are leaving their jobs, but it’s important to set yourself up for success when looking for your next gig. To start this episode, Sean and Liz discuss how to put yourself in the best position to land your next job. Then Sean and occasional co-host Sara Rathner answer a listener’s question about whether to rent or buy when moving to a new city. They also get into how to make friends in a new city. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00-8:06 Money Question segment: 8:07-27:28

Thu, October 07, 2021

Nerdy Deep Dives: Investing, Part 3

What’s your risk tolerance? Investing always carries the risk of loss — but can also build your wealth. How you choose to invest may mean the difference between high-risk investments with low returns or lower-risk investments that have greater returns In the final episode of the three-part deep dive into investing, hosts Sean Pyles and Alana Benson talk about some different investing strategies and how they compare when it comes to risk and return. Learn about buy and hold versus day trading, and which may actually make you more money. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com .

Mon, October 04, 2021

Haggling Tips, and What's Driving Volatile Car Valuation

Negotiating can save you money and help you earn more over the course of your career. To start off this episode, Sean Pyles and Liz Weston give their favorite tips for haggling, whether you're shopping for a mortgage, negotiating a salary or shopping online.  Then Sean and occasional co-host Sara Rathner answer a listener's question about why the value of their car keeps changing. They also discuss whether now is a good time to buy a car. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com .

Thu, September 30, 2021

Nerdy Deep Dives: Investing, Part 2

You’ve heard of stocks, bonds and mutual funds. But do you know how to use them to build wealth? In the second episode of our three-part deep dive into investing, hosts Sean Pyles and Alana Benson discuss each of these investment vehicles and help you understand their pros and cons. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Mon, September 27, 2021

5 Financial Tasks for Fall, and Kid Debit Cards

With fall officially here, how ready are you feeling for the final quarter of the year? Sean and Liz give you five financial tasks to take on this fall, including checking in on your money goals for the year and how to optimize your retirement savings.  Then Sean is joined by occasional Smart Money co-host Sara Rathner to talk about kid debit cards — when they’re useful and whether there are any risks with these products. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Thu, September 23, 2021

Nerdy Deep Dives: Investing, Part 1

You know you should start investing, but do you know the best way to get started? In the first episode of a three-part deep dive into investing, hosts Sean Pyles and Alana Benson explore how to get into the investing mindset, do a bit of myth-busting around investing and discuss how to actually get started. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Mon, September 20, 2021

DIY Investing, and Lightning Round Money Questions, Part 2

DIY investing has had a splashy year, but it might not be right for everyone. To start this episode, Sean Pyles and Liz Weston talk about DIY investing — what it is, how it works and potential risks. Then, you sent us your money questions, and we’re answering them — back to back to back. In this episode, Sean and Liz take on a number of your questions in another lightning round. They give you their take on questions like how to increase your salary throughout your career, whether you can have too many credit cards and how to manage your credit score. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Mon, September 13, 2021

Lifestyle Creep, and Booking Cheap Travel

Lifestyle creep — where your growing expenses outpace salary increases — can deflate your budget and prevent you from building wealth. To start this episode, Nerds Sean Pyles and Sara Rathner talk about how to determine if you’re succumbing to lifestyle creep and how to be more intentional about your money while still enjoying the finer things in life.  Then Sean and Liz Weston answer a listener’s three-part question about whether to pay off student loans while they’re paused, what to do with their savings and how to find the best deals when booking travel. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com .

Mon, September 06, 2021

Redlining, and the Credit Impact of Paying Off a Car Loan

On this episode, Sean Pyles talks with mortgage writer Linda Bell about the legacy of redlining and the racial wealth gap. Then, Liz Weston and Sean answer a listener's question about whether to pay off a car loan early — and the potential impact on their credit.  To have the Nerds answer your money questions, email podcast@nerdwallet.com  or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast  for more info on this episode.

Mon, August 30, 2021

Delta Spending Habits, and Marriage vs Mortgage

How has the delta variant of the coronavirus changed how you’re managing your money? To start this episode, Sean Pyles and Sara Rathner talk about how they’re adapting to the latest chapter of the pandemic and what you can do to increase your financial resiliency.  Then they answer a listener's question about how to manage competing financial priorities use their savings — whether they should put it toward a mortgage or a wedding.  To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com .

Mon, August 23, 2021

School Supply Shopping Tips, and Breaking Bad Money Habits

With supply chain issues and uncertainty about whether classes will be in person, virtual or a hybrid, back-to-school shopping this year poses unique challenges. To start this episode, Sean Pyles and Sara Rathner give the Nerds’ favorite tips for how to save when buying school supplies. Then Sean and Sara answer a listener’s question about how to break bad money habits. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Mon, August 16, 2021

Home Affordability and Unmarried Partners Buying a House

If you’re jumping into the housing market, know what you’re getting yourself into. This episode, Sean Pyles and Sara Rathner talk with NerdWallet data writer Liz Renter about her new home buying report, including how first-time home buyers should navigate the market. Then Sean and Liz Weston answer a listener’s question about how to buy a house with a partner when you’re not married. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwal

Mon, August 09, 2021

Job Scams and Maxing Out Roth IRAs

More Americans are job hunting, but more are falling for job scams, too. Liz and Sean talk about how to spot and avoid scams in the job market right now. Then they answer a listener’s question about the best way to max out a Roth IRA. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Mon, August 02, 2021

Getting Ahead of Your Next Money Crisis with Michelle Singletary

It’s a matter of when — not if — you have a money crisis. No matter your financial circumstance, preparing for an emergency can help you make smart moves under pressure. This episode Liz and Sean talk with Washington Post personal finance columnist Michelle Singletary about how to manage a money crisis and how her experience as a Black woman informs her writing. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Mon, July 26, 2021

Health Insurance Deadline, and Getting the Best Car Insurance Rates

An important deadline looms for getting health insurance on the ACA exchanges. Liz and Sean discuss what you should know, even if you already have health insurance. Then they answer a listener’s question about how to find the best rates (and coverage) when shopping for car insurance. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Mon, July 19, 2021

Rethinking Credit Reporting, and Lightning Round Money Questions

Credit reporting is flawed. Liz and Sean discuss what the issues are and how they can be fixed. Then they answer a number of listener questions back to back in a lightning round of money questions, including managing taxes while working remotely and how to find a high yield savings account. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Mon, July 12, 2021

Combating Inflation, and Risks of Small Mortgage Lenders

Inflation is on the rise, as your budget has surely noticed. This episode, Sean talks with investing Nerd Alana Benson about what’s happening and what it means for your finances. Then Sean and Liz answer a listener’s question about the potential risks of going with a smaller mortgage lender. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Mon, July 05, 2021

Saving at the Pump, and 401(k) Limits

Rising gas prices got you down? On this episode, Sean and Liz break down how you can save at the pump, including how to find the best prices and how to manage your fuel efficiency. Then they answer a listener's question about 401(k) contribution limits. Visit www.nerdwallet.com/podcast for more info on this episode.

Mon, June 28, 2021

Midyear Money Check-In, and Managing Finances Abroad

How are your 2021 money goals coming along? Now that we’re halfway through the year, Sean and Liz talk about how to do a check-in on what you want from your money this year. Then they answer a listener’s question about how to manage their finances abroad, including how to save money on conversion rates and using credit cards strategically. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Mon, June 21, 2021

Savings Tips, and Updates to the Child Tax Credit

We all want to save more money, but actually doing it can be a challenge. This episode, Sean and Liz share their favorite tips to make saving easier, including how to save with purpose and how to trim expenses. Then they answer a listener’s question about changes to the Child Tax Credit, and whether that should influence FSA contributions. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Mon, June 14, 2021

When Travel Insurance Is Worth It, and Buying an Electric Car

With more travelers taking to the sky, should they be booking travel insurance? Liz and Sean discuss. Then they answer a listener’s money question about how to buy an electric car, including how to negotiate with salespeople and how to take advantage of financial incentives for electric vehicles. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Mon, June 07, 2021

Crypto-Earning Credit Cards, and Short-Term Investing

Credit cards are hopping aboard the crypto hype train, with some offering rewards in cryptocurrency. Sean, Liz and Sara discuss what they are and their risks. Then Sean and Liz answer a listener’s question about how to approach short-term investing. Also, please take a few seconds to fill out our two-question survey: http://bit.ly/nerdwallet-podcast-survey To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Mon, May 31, 2021

The Psychology of Debt, and When to Refinance

On this episode, Sean and Liz discuss the psychology of credit card debt — why some people see it as useful and others call it "evil." Then they answer a listener's question about whether now is a good time to refinance, even if they just got the mortgage last year. Send us your money questions! Email podcast@nerdwallet.com  or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast  for more info.

Mon, May 24, 2021

Buy Now, Pay Later Loans, and Getting Started Building Wealth

You’ve probably seen the offers when shopping online: Break up your purchase into smaller payments over a few weeks or months. But are buy now, pay later loans a good deal? Sean and Liz break it down. Then they answer a listener’s question about how to get started building wealth. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com .

Mon, May 17, 2021

Big Purchases, and Overcoming Money Guilt

On this episode, Liz starts off by talking with credit card Nerd Sara Rathner about how to manage a big expense on a credit card — including how to earn the most points and avoid paying interest. Then Sean joins Liz to answer a listener’s question about overcoming money guilt. To send the Nerds your money questions, call or text the NerdHotline at 901-730-6373 or email podcast@nerdwallet.com .

Mon, May 10, 2021

Free Health Insurance, and Finding Scholarships

Sean and Liz break down how to find out if you’re eligible for free or lower-cost health insurance under the American Rescue Plan. Then they answer a listener’s question about how to find scholarships and make higher education more affordable. To send the Nerds your money questions, call or text the NerdHotline at 901-730-6373 or email podcast@nerdwallet.com .

Mon, May 03, 2021

Pet Scams, and Buying Different Home Types

If you’re in the market for a new pet, scammers may have you in their sights. Sean and Liz talk about avoiding common pet scams. Then they answer a couple of listener questions about buying different home types, including new homes, existing homes, condos and more. To send the Nerds your money questions, call or text the NerdHotline at 901-730-6373 or email podcast@nerdwallet.com .

Mon, April 26, 2021

Air Travel, and Collections Accounts on Credit Reports

More travelers are taking to the sky as vaccines roll out. Sean and Liz discuss how to find affordable flights as ticket prices climb. Then they answer a listener’s question about how long a collections account stays on your credit report — and how to mitigate any damage to your credit score. Want the Nerds to answer your money question? Email podcast@nerdwallet.com  or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast  for more info on this episode.

Mon, April 19, 2021

Cannabis Investing, and Too Much Cash

Cannabis investing — specifically in ETFs — might seem like a savvy move to break into a budding industry. But there are unique risks to investing in cannabis. Sean and Liz discuss the pros and cons with investing Nerd Chris Davis. Then they answer a listener’s money question about whether you can have too much cash in your accounts. To contact the Nerds, email podcast@nerdwallet.com  or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast  for more info on this episode.

Mon, April 12, 2021

Retiring Early, and Finding Lost Money

More Americans are retiring early, but not all of them are doing it the right way. And you may have long-forgotten money waiting to be claimed — here's how to find it.  To have your money question answered on a future episode, email podcast@nerdwallet.com  or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast  for more info on this episode.

Mon, April 05, 2021

Pandemic Savings Goals, and Taxes on Inheritance

Find yourself saving more cash during the pandemic? On this episode, Sean talks with banking Nerd Chanelle Bessette about what people are doing with their pandemic-driven savings. Then, Liz and Sean answer a listener’s question about when you owe taxes on an inheritance. To have the Nerds answer your money questions, email podcast@nerdwallet.com  or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast  for more info on this episode.

Mon, March 29, 2021

Spring Cleaning, and COVID Taxes

On this episode, Sean and Liz talk about how they’re approaching spring cleaning their finances this year, including tidying up their digital lives. Then, they answer a listener’s question about how to manage filing taxes in the age of COVID — including whether you owe taxes on your stimulus.   To have the Nerds answer your money questions, email podcast@nerdwallet.com  or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast  for more info on this episode.

Mon, March 22, 2021

Redlining, and the Credit Impact of Paying Off a Car Loan

On this episode, Sean talks with mortgage writer Linda Bell about the legacy of redlining and the racial wealth gap. Then, Liz and Sean answer a listener's question about whether to pay off a car loan early — and the potential impact on their credit.  To have the Nerds answer your money questions, email podcast@nerdwallet.com  or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast  for more info on this episode.

Mon, March 15, 2021

Procrastination, and Paying Student Loans vs. Investing

Fear of making mistakes can fuel procrastination, but that can be costly when you’re putting off important money tasks. One task that may be OK to delay, however, is paying off student loans. To send the Nerds your money questions, email podcast@nerdwallet.com  or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast  for more info on this episode.

Mon, March 08, 2021

Pandemic Debt, and Moving Costs

On this episode, Sean and Liz discuss how to manage debt in our K-shaped economic recovery. Then they answer a listener's question about how to manage expenses for a cross-country move.  Want the Nerds to answer your money question? Email podcast@nerdwallet.com  or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast  for more info on this episode.

Mon, March 01, 2021

Saving at the Pump, and 401(k) Limits

You may have noticed that gas prices are on the rise. On this episode, Sean and Liz break down how you can save at the pump, including how to find the best prices and how to manage your fuel efficiency. Then they answer a listener's question about 401(k) contribution limits. Visit www.nerdwallet.com/podcast for more info on this episode.

Mon, February 22, 2021

Why to File Your Taxes Early, and Tapping Your Home's Equity

Filing your taxes isn't fun, we get it. On this episode, Sean and Liz give you three reasons why to file early (including how it can save you money). Then, they answer a listener's question about when to tap your home's equity.  Want the Nerds to answer your money question? Email podcast@nerdwallet.com  or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast  for more info on this episode.

Mon, February 15, 2021

Money News You Missed, and the 50/30/20 Budget

A lot happened at the end of 2020. Sean and Liz discuss news you might have missed about important changes that could affect college financial aid and/or your employee benefits. Then they answer a listener's question about how to use the 50/30/20 budget.  Want the Nerds to answer your money question? Email podcast@nerdwallet.com  or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast  for more info on this episode.

Mon, February 08, 2021

Stock Market Shenanigans, and Talking About Money with Your Partner

On this episode, Sean talks with investing Nerd Chris Davis about whether the GameStop frenzy will affect your retirement account. Then Sean and Liz answer a listener's question about how to start having money conversations with your partner. The secret? Talk openly, often and set shared goals. Visit www.nerdwallet.com/podcast  for more info on this episode.

Mon, February 01, 2021

Jackpot Windfall, and Extra COVID Cash

Suddenly find yourself the winner of a billion dollars? Sean and Liz discuss how you should think about your winnings — and other windfalls, like tax refunds. Then they're joined by personal finance Nerd Amrita Jayakumar to answer a listener's money question about how to change your money habits and use cash saved up during the pandemic. Want the Nerds to answer your money question? Email podcast@nerdwallet.com  or call or text 901-730-6373. And visit www.nerdwallet.com/podcast  for more info.

Mon, January 25, 2021

How to Buy a House in 2021

Wrapping up the #NewMoneyGoals series, Liz and Sean talk with home buying Nerd Holden Lewis about what would-be homebuyers need to know in 2021. Want the Nerds to answer your money question? Email podcast@nerdwallet.com  or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast  for more info on this episode.

Mon, January 18, 2021

Buying Crypto, and Dealing with Debt

Ever wanted to buy cryptocurrency? Well, on this episode you can live vicariously through Sean, who talks with Liz about his experience dabbling in Dogecoin. Then, they discuss our current debt crisis and how to manage debt in 2021. Visit www.nerdwallet.com/podcast for more info on this episode.

Mon, January 11, 2021

New COVID Scams, and Easy Money Moves

Here’s how to recognize COVID-related scams and what to do if you’ve given out information you should not have, plus, small changes in your money that can have an outsized impact. Want the Nerds to answer your money question? Email podcast@nerdwallet.com  or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast  for more info on this episode.

Mon, January 04, 2021

How You Can Achieve Money Goals in 2021

What do you want to accomplish in 2021? This month, our #NewMoneyGoals bootcamp will set you up for success. To start, know how to craft — and actually achieve — your money goals. That means making them SMART. Sean and Liz talk with money Nerd Kim Palmer about how you can get what you want from your money in 2021. Turn to the Nerds for help with your money questions! Email podcast@nerdwallet.com  or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast  for more info

Mon, December 28, 2020

Spot fake reviews, and see if you're saving too much

We're off for the holiday break, so here's an episode from our archives. Learn how to spot fake online reviews to save money. Speaking of saving, don't avoid retirement accounts from a fear that you won’t be “liquid” enough. You typically can borrow or withdraw retirement funds in an emergency. Send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, December 21, 2020

What our listeners learned from the pandemic

2020 was a year of challenges — and opportunities. In this episode, listeners share the money lessons they learned over the past year, including why savings is more important than ever and the benefits of debt payoff. You know you have money questions — so send them to the Nerds! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, December 14, 2020

Charitable giving, and using savings to pay student loans

Feeling charitable this holiday season? Use discretion as you choose where to give. Also, Sean and Liz answer a listener's question about whether to use savings to pay off student loans. You know you have money questions — so send them to the Nerds! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, December 07, 2020

Pandemic money lessons, and balancing saving for a down payment vs retirement

Sean and Liz share what they learned about managing money during the pandemic. Then they answer a listener's money question about how to save for retirement while saving for a down payment on a house.  You know you have money questions — so send them to the Nerds! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, November 30, 2020

What Biden may do for your finances and how to make money

Consumer protection will see a revival in 2021, but student loan forgiveness and pandemic relief are still question marks. Plus, what to do if you need to get your hands on some money (relatively) fast. You know you have money questions — so send them to the Nerds! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, November 23, 2020

The holiday shopping episode

How are you planning to shop this holiday season? According to our shopping Nerds, we’ll shop differently, but we’ll still shop. Many stores will be closed on Thanksgiving, but the Black Friday deals have already begun. Here's how to find the best deals.  You know you have money questions — so send them to the Nerds! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, November 16, 2020

Holiday travel and giving money advice to family

The two things we should rethink this holiday season are travel and offering financial advice to family members. Either should be done cautiously, if at all. Want the Nerds to answer your money question? Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, November 09, 2020

Open Enrollment and HSA vs. FSA

Picking health insurance is a pain, but the right choice can save you serious cash. Also, a health savings account can be a great option if you can handle a high deductible health insurance plan, but it’s not for everyone. A traditional plan with a flexible savings account could be a better fit. Want the Nerds to answer your money question? Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, November 02, 2020

Finding financial stability and protecting yourself from ID theft

With the election, the pandemic and everything else that's happened in 2020, finding stability can be a challenge. Sean and Liz discuss how to make your money a source of security right now. Then, they answer a listener's money question about how to protect yourself from identity theft.  Want the Nerds to answer your money question? Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, October 26, 2020

Beating burnout and the best college savings plans

Feel like you working longer and more draining hours during the pandemic? You're not alone. Liz and Sean share their tips to beat burnout. Then they answer a listener's question about how to choose the best college savings plan for their child with the help of Kim Palmer.  Want the Nerds to answer your money question? Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, October 19, 2020

Retiring early and finding lost money

More Americans are retiring early, but not all of them are doing it the right way. And you may have long-forgotten money waiting to be claimed — here's how to find it.  To have your money question answered on a future episode, email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, October 12, 2020

Cut your tax bill, and how to choose the best investment platform

Looking to cut your tax bill? You have a few go-to strategies, but only a few months left to reduce what you'll owe next year. Also, the right investment platform depends on how you want to invest and how much help you need.  Want your money question answered by our Nerds? Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, October 05, 2020

Unequal unemployment recovery, and whether to buy a new or a used car

Sean and Liz dig into what unemployment trends mean for our economy. Then they answer a listener's money question about whether it's best to buy a new or a used car. Want your money question answered by our Nerds? Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode. If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app  

Mon, September 28, 2020

The psychology of debt and when to refinance

On this episode, Sean and Liz discuss the psychology of credit card debt — why some people see it as useful and others call it "evil." Then they answer a listener's question about whether now is a good time to refinance their home, even if they just got the mortgage last year. Send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, September 21, 2020

Used cars in short supply, and Shea Couleé talks money

Tight supplies and steady demand are driving up used car prices, but you can still save money. Speaking of saving money, the winner of RuPaul’s Drag Race All Stars is saving some of the $100,000 prize money to buy a house. Send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, September 14, 2020

Fake reviews and saving too much

Learning how to spot fake online reviews can save you money. Speaking of saving, you shouldn’t avoid retirement accounts from a fear that you won’t be “liquid” enough. You typically can borrow or withdraw retirement funds in an emergency. Saving a big chunk of your income while you’re young can give you a great start. Send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, September 07, 2020

Investing while paying off student loans

Should you invest or pay off debt? This question can get especially tricky when you’re talking about investing in your company’s stock versus paying down your student loans. Sean and Liz help a listener who wants to know if she should exercise her stock options or focus on paying her $90,000 student loan debt. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373.

Mon, August 31, 2020

Renters are struggling, and what to do with an old 401(k)

Renters are far more likely to be struggling in the pandemic than homeowners. Also, don’t put off a 401(k) rollover. If you want to move money out of an old employer’s plan, ask if your new employer will take it or consider rolling over to an IRA. Send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, August 24, 2020

Buying local and emergency loans

Buying local could help a favorite small business survive the pandemic. Meanwhile, people who don’t have savings may be tempted to take out emergency loans to cover unexpected expenses. But these small dollar loans can come with high interest rates and short repayment terms, leading to a debt trap. Send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, August 17, 2020

Pet costs and extreme couponing

Pets can cost a lot more than you think. Pet insurance can help, but it’s not for everyone. Likewise, extreme couponing can pay off for the most dedicated adherents, but there are easier ways to use coupons to save. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, August 10, 2020

How to take advantage of lower rent and mortgage rates — and move safely

August is shaping up to be another record month on the mortgage front. Here’s what it means for you. And if you want to move apartments right now, look at your goals and know how to move safely. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, August 03, 2020

Is it safe to travel right now, and how to handle a collections to improve credit

Air travel brings you in close contact with others, sometimes for hours. A road trip may be a better option. Also, handle old collection accounts with care. Paying an old debt typically doesn’t help your credit, and may lead to a lawsuit. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, July 27, 2020

Losing your health insurance, and setting financial goals

Losing your health insurance can expose you to medical bills that could bankrupt you. Most people can get subsidized coverage through HealthCare.gov. Also, setting financial goals requires thinking about what’s most important to you and then making a plan. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, July 20, 2020

COVID impulse spending, and building credit while paying debt

Spending more impulsively because of the pandemic? You’re not alone. Also, different debt payoff methods have their merits, but paying off small balances first can help your credit. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, July 13, 2020

Tax returns are due, and how to get started creating wealth

The IRS has payment plans if you can’t pay what you owe on July 15. Also, the steps to building wealth are simple, even if they’re not easy: spend less than you earn and save or invest the difference. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, July 06, 2020

The wealth gap, and how to cope with variable rate student loans

Discrimination affected wealth creation and opportunity in the U.S., leading to vastly different median incomes, unemployment levels and homeownership rates. Also, people with variable-rate student loans can struggle to predict what their future payments will be, which can make budgeting difficult. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, June 29, 2020

Setting money goals at milestone birthdays, and scoring big bucks with bank bonuses

As you approach your 30s, 40s or beyond, let the milestone birthday be an excuse to set some new money goals. Also, some banks will pay you to open a new bank account, but you need to look beyond the bonus to see if you’ll pay more in fees or collect less interest. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, June 22, 2020

What a recession economy means for you, and how to handle an inheritance

In this episode, Sean and Liz give tips for managing your finances in a recession. Then they answer a listener's money question about how to handle an inheritance — and whether you owe any taxes on it. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, June 15, 2020

The pandemic is changing our financial lives, and what to know about refinancing now

In this episode, Sean and Liz discuss survey results that show how money habits are changing as a result of COVID-19. Then, they answer a listener's money question about whether home improvement projects can help home refinancing odds — and if it’s still a good time to refinance. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, June 08, 2020

Make your donations go further; Plan for new baby expenses

In this episode, Sean and Liz start off by discussing how you can make your donations to social causes go further. Then, they answer a listener's money question about how to plan for expenses as a new parent. Kim Palmer, a Nerd with a lot of first-hand experience managing baby costs, joins the conversation.   As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, June 01, 2020

Is identity theft protection worth the cost?

Can identity theft protection services really protect us from identity theft? No, but they can serve as an (expensive) early warning signal. Most people should first consider some free ways to reduce the chances of becoming a victim, such as credit freezes and monitoring a credit score. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Tue, May 26, 2020

Is Bitcoin a safe investment?

People who invest in bitcoin and other cryptocurrencies need to be ready for a wild ride. Values can soar and plunge, plus there’s no guarantee you’ll get your money back. Cryptocurrency is more of a gamble than an investment, and shouldn’t be more than a small portion of your overall portfolio. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, May 18, 2020

I Got Laid Off! What Should I Do with My Retirement Fund?

Getting your retirement account squared away is just one of the many tasks facing the newly unemployed, but it’s an important one. Rolling the money into an IRA could be the best choice, particularly if your former employer isn’t allowing the new “coronavirus hardship withdrawals.” As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, May 11, 2020

Where have all the 0% offers gone?

It used to be easy for people with good credit scores to get 0% balance transfer offers. As lenders pull back, those with credit card debt may need alternative plans to deal with their balances. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, May 04, 2020

How can I buy my first home in an expensive city?

Being a first-time homeowner can be daunting, especially in a pricey market like Southern California. Chris Browning of the Popcorn Finance podcast has questions about what to expect, and he turns to the Nerds for some answers. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, April 27, 2020

Where's my coronavirus relief check — and how should I use it?

Most American adults are eligible for government relief checks of $1,200, but many are still waiting for their money — plus the usual advice about what to do with a windfall doesn’t apply in a crisis. Sean and Liz discuss how to find out where your payment is and put it to the best use. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode.

Mon, April 20, 2020

How should I spring-clean my finances?

Don’t stop with your closets. Spring cleaning your finances can be just as satisfying, not to mention more lucrative. Whip your budget into shape, check your credit and make sure your investments are on track. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373.

Mon, April 13, 2020

Help! I Owe the IRS!

You were expecting a tax refund — but wound up owing money. Changing tax laws and the gig economy mean many taxpayers who traditionally got money back are now having to pay. Sean and Liz help a reader navigate paying a tax bill, as well as steps for avoiding a tax bill next year. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373.

Mon, April 06, 2020

Coronavirus Special Edition, Part IV: The CARES Act and Your Student Loans

The economic stimulus package gave millions of student loan borrowers some important breaks, but people are confused about what they are and what they have to do. Sean and Liz get the scoop from student loan nerd Ryan Lane. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373.

Thu, April 02, 2020

Coronavirus Special Edition, Part III: Coronavirus and Your Portfolio

Nauseating drops in the stock market can be hard to endure, but most of us should try to do just that -- and even invest more, if we can. If you need the money within five years or you’re losing sleep, though, you might need to get at least some of your portfolio to safer ground. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373.

Mon, March 30, 2020

Coronavirus Special Edition, Part II: Savings, Budgeting and Travel

The coronavirus pandemic has scrambled people’s travel plans and their budgets. Here are the most important things to know now about emergency funds, spending plans and travel in the coming months. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373.

Thu, March 26, 2020

Coronavirus Special Edition, Part I: Mortgages and the Market

Mortgage rates dropped and then soared, making life difficult for people who wanted to refinance and buy homes. Mortgage and real estate Nerd Holden Lewis explains why that happened and what the future may bring. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373.

Mon, March 23, 2020

How can I brace financially for coronavirus?

The economic impact of the novel coronavirus and the COVD-19 disease it causes is likely to be profound. Sean and Liz discuss how to cope with the potential financial fallout. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373.

Mon, March 16, 2020

My credit score randomly dropped — a lot. What happened?

Unexpected credit scores drops are the worst -- especially when you’re trying to do everything right. Sean and Liz dig into the details of how credit scores work to help a reader whose scores dived seemingly without reason. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373.

Mon, March 09, 2020

What's the best way to save for a down payment on a house?

Many first-time home buyers wonder how to save for a down payment and where to put the money while they’re saving. Sean and Liz talk to mortgage and real estate authority Holden Lewis about the options. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373.

Mon, March 02, 2020

How can I get into the travel credit card points game?

Want to get the most points from your travel credit card, but don't know where to start? We've got you covered. In this episode, Sean and Liz talk with travel Nerd Sara Rathner, who offers up her insider tips about how to get the most points from your travel. And if you want to become a savvy traveler but don't care about travel credit cards, we've got tips for you, too. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373.

Mon, February 24, 2020

Are Roth conversions a good idea?

Roth conversions can give you a big tax advantage in retirement, but they're not right for everyone. Sean and Liz talk with retirement Nerd Andrea Coombes to help you figure out if you could come out ahead with a Roth conversion. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373.

Mon, February 17, 2020

What's the best way to do a spending fast?

A spending fast can help you save money — fast! The idea is to hit the pause button on non-essential spending for a set period, usually a month. Sean and Liz are veterans of spending fasts and have some tips for how they work, what to watch out for and staying motivated. As always, send us your money questions! As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373.

Mon, February 10, 2020

Should I invest or pay off my student loans?

Should you invest or pay off debt? This question can get especially tricky when you’re talking about investing in your company’s stock versus paying down your student loans. Sean and Liz help a listener who wants to know if she should exercise her stock options or focus on paying her $90,000 student loan debt. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373.

Mon, February 03, 2020

How do we manage money as a couple?

Yours? Mine? Ours? Managing your money as a couple can be stressful, and there’s no one right way to do it. Sean and Liz offer some strategies for figuring out what will work best for both of you. As always, send us your money questions! Email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373.

Mon, January 20, 2020

From the archive: "What's the best way to rack up travel rewards quickly?"

We'll be back in a couple weeks. In the meantime, here's how you can use these winter months to rack up the credit card points to fund your summer travel. And be sure to send us your money questions! Call or text the Nerd Hotline at 901-730-6373, or email podcast@nerdwallet.com .

Mon, January 06, 2020

From the archive: "How can I pay off my debt faster?"

We'll be back in a few weeks, so here's an episode from our archives that can help you tackle your holiday debt. In the meantime, send us your money questions! Call or text the Nerd Hotline at 901-730-6373, or email podcast@nerdwallet.com. Talk to you soon!

Mon, December 30, 2019

Happy New Year from the SmartMoney team!

Thanks for a great 2019! We're taking a little holiday break but will be back in 2020 with loads of new episodes for you. In the meantime, send us your money questions! Text or call our Nerd Hotline at 901-730-6373, or email us at podcast@nerdwallet.com.

Mon, December 16, 2019

How can I (actually) keep my new year’s money resolution?

New Year’s money resolutions are common, sure. But keeping them is a whole different story. In this episode, Sean talks with Nerd Kim Palmer about the best tips that can help you actually achieve your money goals in the new year.

Mon, December 02, 2019

What are your best tips to save on family holiday travel?

Holiday travel can be expensive — especially if you’re traveling with family. But you have options to make the cost more manageable. In this episode, Sean talks with travel Nerd Sara Rathner about how you can save on family holiday travel costs.

Mon, November 18, 2019

Does Black Friday live up to the hype?

Black Friday might seem like the best time to get the biggest deals of the holiday shopping season. But is the shopping extravaganza all it’s made out to be? The answer: Sometimes. In this episode we give you the tips to get the best holiday shopping deals, including when and where to shop.

Mon, November 04, 2019

Which accounts can make me the most money?

You can make money just by putting your cash into the right account. Which account to choose depends on a few factors, though. In this episode, Sean talks with investing Nerd Arielle O’Shea about the best ways to make money off of cash you have sitting in a bank account.

Mon, October 21, 2019

How much house can I afford?

Think you’re finally ready to buy a home? Here’s how to know how much house you can afford with your budget, what you might need for a down payment, and how to think about the emotional aspect of homebuying.

Mon, October 07, 2019

How can I pay off my debt faster?

Want to pay off your debt fast? You can, with a bit of know-how. In this episode, Sean Pyles and Liz Weston break down how you can find the payoff path that might work best for you and your debt.

Mon, September 23, 2019

How should I buy a used car?

Buying a used car can be confusing. Should you shop around a used car lot, or are the online classified ads a better route? With the help of NerdWallet car-buying whiz Philip Reed, that’s the debate Dayana and Sean settle this episode.

Mon, September 09, 2019

How Can My Credit Score Save Me Money?

Sure, you got a high credit score — but how can you make the most of it? Sean and Dayana talk with NerdWallet all-star Liz Weston to see how you could use your high credit score to save thousands of dollars.

Mon, August 19, 2019

Should I refinance my student loans?

Refinancing student loans might save you money — if you’re a good candidate. But that’s not the only way to help manage your student debt. In this episode Dayana and Sean get to the bottom of when student loan refinancing is a good idea, so you can see if it’s right for you.

Mon, August 05, 2019

My prescription drug costs are wrecking my budget. What can I do?

Having Type 1 diabetes can be expensive. Just ask Paloma Kemak, aka Glitter Glucose on Instagram, who pays over $1,000 a month for her insulin. Dayana and Sean talk with her about her experience living with diabetes and offer tips to help manage the costs.

Mon, July 22, 2019

What's the best way to rack up travel rewards quickly?

You can rack up travel credit card points quickly — if you know the right tips. In this episode, Sean and Dayana give you the inside scoop so you can earn points and miles fast to fund a vacation on credit card rewards. For more, visit: https://www.nerdwallet.com/podcast/

Mon, July 08, 2019

Am I saving enough for retirement?

Here’s how to know if you’re saving enough for retirement — and what to do if you’re behind, or haven't even gotten started yet. Dayana and Sean explain easy steps to help you set aside a pot of gold to spend in your golden years.

Mon, July 01, 2019

Welcome to NerdWallet's Smart Money podcast!

Welcome to NerdWallet's Smart Money podcast, where we answer your money questions. Wondering how to start investing? Or which credit card is best for you? Maybe you just need some budget help. Whatever your question, turn to the Nerds. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com .

Mon, November 12, 2018

Travel-Hack the Holidays

Want to make holiday travel a little less hectic? Dayana and Sean get the scoop from NerdWallet’s travel-hacking expert, Joe Cortez, to give you the insider tips to do just that. Learn how to cut lines, make the most of your Priority Pass and more.

Wed, August 16, 2017

Inside student loan scams

Are companies that offer to reduce or eliminate your debt legit? We hear Selina’s story about what happened with her $60,000 student debt and tell you how to get real help.

Wed, August 09, 2017

What's a side hustle and should I start one?

There are a lot of side gigs out there. (Nerds took some for a test drive!) Here’s how to tell which ones are worth it and which are scams.

Wed, August 02, 2017

I want to invest. How should I start?

We dive into the basics — getting financially ready, finding a good first investment, how to wade in safely and get over the fear of losing money.

Wed, July 26, 2017

How to get out of debt: Interview with The Debt Free Guys

The Debt Free Guys, John Schneider and David Auten, reveal how they paid off over $50,000 in credit card debt, and the need for personal finance education in the LGBTQ community.

Wed, July 19, 2017

Is a travel credit card right for me?

From application, to acceptance, to acquiring and using points, NerdWallet card sharks share tips on finding the right rewards program.

Mon, July 10, 2017

How do I prioritize my budget?

Wants versus needs. Spending versus saving. You can have it all (even the fun stuff) by following a simple budget to direct your dollars wisely.